Head, Recovery And Collection
Ascentech Services Limited
Lagos, NG
2d ago
source : Ngcareers Ltd

Job Details

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.
  • Job Requirements

    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
  • Credit assessment
  • Risk Management
  • Leadership acumen
  • Planning and Organizing
  • Team Player.
  • Apply
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