Recovery Officer at First Bank of Nigeria Limited

By Essang Michael - October 15, 2022 | Categories: Jobs Tags: Nigeria

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First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Title: Recovery Officer

Job Identification Number: 637
Location: Lagos

Duties and Responsibilities

Driving recovery process at both designated locations and SBU.
Conduct frequent recovery drives against recalcitrant debtors.
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.
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.
Provide the required clearance on Camsol/Camac confirmation.
Posting recoveries made by customers and charging off concluded accounts.
Maintain the security of all information entrusted to the staff.
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.