Team Lead, Classified Assets Management at First Bank

Job Overview

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

Additional Details

Job ID
21423
Job Views
122

Job Description

  • Application Deadline:
  • Position: Team Lead, Classified Assets Management

  • Job Type Full Time

  • Qualification BA/BSc/HND

  • Experience 5 - 7 years

  • Location Lagos

  • Job Field Banking 



DUTIES & RESPONSIBILITIES



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

  • Driving recovery process at both designated locations and SBU.

  • Implement recovery strategies within 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.

  • Ensure existence of insurance on assets securing RCAM accounts.

  • 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 & the Board.

  • Provide the required clearance on Camsol/Camac confirmation.

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


JOB REQUIREMENT



  • Education


First degree preferably in Law, Accountancy, Computer Science or other Social Science disciplines.



  • Experience


At least 5-7 years relevant banking experience. 


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