Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 days ago

Additional Details

Job ID
139473
Job Views
25

Job Description






Responsibilities




  • Recovery of delinquent accounts and reduction of bad debt portfolio.

  • Driving recovery process at both designated locations and SBU.

  • Conduct frequent recovery drives against recalcitrant debtors.

  • Engagement of focused and result-oriented Agents to work on debt recoveries.

  • Court attendance to monitor pending recovery cases in Court.

  • Collateral inspection of mortgaged assets.

  • Foreclosure on assets of debtors who are unwilling and /or unable to pay their debts.

  • Review and recommendation to Management on repayment plans submitted by Customers.

  • Work with the Court and Law Enforcement Agencies on Bank’s mortgaged assets being occupied by trespassers.

  • Initiate, monitor and follow up on petitions against fraudulent debtors to the Law Enforcement Agencies.

  • Rendition of weekly, monthly, quarterly and yearly recovery reports and updates to Management.

  • Provide the required clearance on Camsol/Camac confirmation.

  • Posting recoveries made by customers and charging off concluded accounts.

  • Maintain the security of all information entrusted to the staff.

  • Any other job that may be assigned.



Job Requirements




  • Minimum of a First Degree or its equivalent in a Business / Law related discipline

  • Masters, MBA or a recognized professional certification will be an added advantage

  • Must have a legal background, with the ability to interpret contracts, debt recovery regulations, and related compliance requirement. 



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