Recovery Officer

Sep 19, 2018

Reference No: #RMD0011 Locations: Abuja, Benin City – Edo, Lagos and Port Harcourt – Rivers Job Functions: Sales Industries: Banking / Finance & Investment Description

We are currently looking for experienced candidates with very sound Loan Recovery experience to lead teams in the following locations: North Central, Benin, Port Harcourt and Lagos.   

Responsibilities    

Originate Loan repayment proposals for requests from indebted customers for management’s consideration.
Initiate proposals for realization, repossession, and sale of pledged assets and properties of indebted customers.
Rendition of monthly debt recovery reports for the zone to the ZH for onward submission to Financial reporting, Performance management and DH, Remedial Management & Credit Recovery Division
Achieve recovery financial target in line with advised budget
Recovery of watch-list accounts & transferred accounts with early warning signals to avoid further deterioration
Manage relationship with debtor customers to ensure compliance with repayment agreements, court orders, regulatory request (EFCC, CBN, Police etc) & restructure request.
Review, process and reconcile accounts of indebted customers complaints to ensure amicable resolution & payment of agreed sum
Conduct and document recovery visitation to customers
Management of Memorandum bad debts portfolio and Loan Loss portfolio within assigned business offices

Requirements Qualification:

At Least Second Class Lower in Law / Humanities and not more than 35 years old

Experience:

At least 3 years work experience as Recovery officer in Financial services/ Law firms

Skill/Competencies:

Knowledge of the Loan Recovery function.
Basic credit Skills.
Good Customer relations
Communication Skills
Basic banking operations knowledge.
Effective reporting
Negotiating Skills.

Apply via :

https://www.myjobmag.com/job/104361/recovery-officer-united-bank-for-africa-uba