Unit Head, Classified Assets Management at First Bank

DUTIES & RESPONSIBILITIES

• Working with FBN UK Limited to recover funds from debtors based in Africa.
• Driving recovery process at both designated locations and SBU.
• Design & 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.
• Design of template for issuance of letter on non - indebtedness and processing of same from initiation to approval stages.
• Provide the required clearance on Camsol/Camac confirmation.
• Maintain the security of all information entrusted to the staff.

JOB REQUIREMENT

• Education

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

• Experience

Minimum of 10 years relevant banking experience.