Team Lead, Classified Assets Management needed at First Bank
First Bank’s job vacancy, Career and Recruitment
Job title : Team Lead, Classified Assets Management
Job Location : Lagos
Deadline : February 28, 2023
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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.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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