Team Member, Loan Recovery at Fidelity Bank

Job Overview

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

Additional Details

Job ID
69364
Job Views
103

Job Description



Qualification:



  • Minimum educational level – Bachelor’s Degree in social science or humanities or HND with a Master’s Degree


Experience:



  • Minimum of 2 years on the role and 5 years in Banking


Job Objective(s)



  • Recovery of Non-performing accounts.


Duties & Responsibilities



  • Liaise with Legal Dept. on recovery process.

  • Liaise with External agents (Estate Agents & Valuers, External Solicitors, Debt Recovery agents, Private Investigators, SFU, EFCC).

  • Lead negotiation team for major Recovery accounts.

  • Liaise with Branch Leaders and Bank Heads on developing and implementing recovery strategies for non-performing accounts

  • Recommendation of interest waivers, concessions, write offs and classification of non-performing accounts.

  • Supervise the work performance of Teams.

  • Attend court sessions in relation to accounts in Litigation

  • Render various reports on recoveries made on non-performing accounts monthly.

  • Marketing and selling of Collateral of Non-performing accounts.

  • Any other duties as assigned by either Supervisor or Divisional Head.


Key Competencies/ Knowledge



  • Ability to pay attention to detail.

  • Good knowledge of the Bank’s Banking Software.

  • Strong ability to interpret and reconcile accounts.

  • Good Knowledge of Bank Credit Policy and general economic trends in the country.

  • Good knowledge of Microsoft Excel.

  • Excellent negotiation and bargaining skills.

  • Strong analytical skills.

  • Excellent organizational skills.

  • Good record keeping / file keeping and documentation skills.

  • Excellent interpersonal skills.


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