Job Description
- Application Deadline: Mon, 3 Jul 2023 00:00:00 GMT
- Position: Recovery Officer (North)
- Job Type Full Time
- Qualification BA/BSc/HND
- Experience 2 years
- Location Not specified
- Job Field Banking 
DUTIES & RESPONSIBILITIES
- 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.
JOB REQUIREMENTS
Education
- First degree preferably in Law, Accountancy, Computer Science or other Social Science disciplines.
Experience
- Minimum experience: 2 years banking experience