Ascentech Services Limited is a full-fledged Human Resource Solution Provider incorporated in 2013 with its Head Office in Lagos, Nigeria.
We are committed to forging long-term partnerships with our clients by creating and delivering robust and flexible services that address the changing needs of their business.
We are recruiting to fill the position below :
Manage Large NPA (Non-Performing Asset) accounts and discuss with customers on credit solutions as defined per the Collections and Recovery Process, Policy and Strategy manual to reduce the NPA exposure.
Ensure that documentations relative to the debts are up-to-date (Search on Asset, Security documents, property valuation reports)
Ensure legal recovery within a reasonable timeframe as defined in Collections and Recovery Process, Policy and Strategy manual
Strict adherence to the Recovery process and policies, Internal policies as well as regulatory guidelines whilst at the same time ensuring proper adoption by the Recovery team members
Adopt proper records management principle as defined in terms of upkeep, follow up on customers and filing of documentation when applicable
Actively participate in various credit committees and ensure timely execution of agreed actions
Provide management on regular basis trend analysis of the portfolio and recommend credit measures to be applied
Steer meetings with Litigation team on cases where foreclosure / legal recovery have already commenced so as to activate process
Actively participate in the hand-over process of file transfer of non-performing accounts with RMs / Managers of respective business units
Regularly conduct site visits of high ticket size NPA accounts to assess the recovery scope and also define on the recovery strategy to be adopted
Conduct Regular meetings with legal administrators / receivership managers to ensure cases are closed within reasonable period of time
Drive the team relentlessly to deliver as per agreed business objective and beyond
Ensure proper cost management in the department so as to decrease the cost to recovery
Always treat customer fairly
Provide full assistance and support to any customer queries at all times
Manage the impaired book to ensure that impairment is reduced and kept at the business risk level.
Min Required Experience :
Min Qualification : Bachelor's Degree / HND
Desired Courses : Not Specified
Other Requirements :
Minimum of a B.Sc with at least 5 years banking / financial sector experience
Experience within Credit and / or Risk
Experience in Debt collections
Financial - Accounting Principles & Practice
Planning and Organizing