Team Lead, Classified Assets Management at First Bank of Nigeria Limited Full Time

First Bank of Nigeria Limited is currently looking for a classified assets management for immediate employment. Interested persons are expected to apply. Kindly go through the full details of this position below:

Job Title: Team Lead, Classified Assets Management

Job Identification: 638
Location: Lagos
Job Schedule: Full time

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 Requirements
Education:

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

Experience:

• 5-7 years relevant banking experience.

Application Closing Date
19th August, 2022.