- 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:
- First degree in Law is REQUIRED plus any other additional qualification.
- Minimum of 2 – 6 years of banking experience in a similar role.
- Relevant qualifications would be an added advantage
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