Credit Administration & Remedial Officer at GTI Group

Location: Lagos Island, Lagos

Job Responsibilities

• To continually ensure the Portfolio At Risk (PAR) within the bank's risk assets is driven below the set regulatory benchmark through effective engagement of default customers/guarantors, enforcement agencies and other stakeholders within the bank.
• Daily monitoring of the loan portfolio to avoid delinquency.
• Making outbound collection calls to debtors and working with Loan/Account Officers (where necessary) to engage debtors for follow up on payment.
• Devising customized recovery strategy on a case-by-case basis.
• Consistently reducing the non-performing loans owed to the bank.
• Carrying out daily recovery exercise.
• Maintain accurate up-to-date customer accounts information.
• Preparing letter of demand notice to the debtors.
• Executing approved/agreed foreclosure on collaterals.

Requirements

• Candidates should possess a Bachelor's Degree with 4 - 6 years work experience.

Competencies:

• Good knowledge of credit products and related bank’s policies and regulations.
• Good knowledge of the Prudential Guidelines relating Microfinance Banks.
• Computer literacy.