Loan Recovery Officer at Ave Maria Multipurpose Investment Limited (AMMIL)

Duties & Responsibilities

• Follow up with customers for all outstanding payments and identify problematic accounts. Ensures Non-Performing Loans are followed up and monitored diligently.
• Responsible for communicating with delinquent borrowers, establish and developing effective payment plans with the delinquent borrowers..
• Making collection efforts on past due accounts vide site visit, email or phone in order to achieve prompt payment.
• Advice borrowers of their legal liabilities under existing contract law (including the interpretation of their liability under the loan agreement).
• Perform daily operational or admin duties of department including daily reports and processing of accounts.
• Compile statistics and reports related to Credit Admin for management review.
• Liaise with lawyers to issue Notice of Demand and Notice to Recall
• Follow up with lawyers on litigation cases until the cases are closed.
• Submit the litigation cases to the judge
• Attend Court to meet with the Judges whenever required.
• All other matters ancillary to the above and to perform any other related duties that Management may require from time to time.

Requirements & Qualifications

• Degree in Banking / Finance / Accounting or Economics are preferred.
• Minimum 2 years experience in loan recovery role.
• Good communication skill.
• Familiarity with bank deposits/loans products.

Benefit / Packages
We offer competitive remuneration package and opportunity for career and personal development.