RECOVERY AND COLLECTION HEAD
Ascentech
Lagos, Lagos, Nigeria
1d ago
source : Fidanto

JOB DESCRIPTION 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 QUALIFICATIONS AND COMPETENCIES Bachelor s Degree in Business Finance Legal or equivalent At least 5 years rsquo experience in Banking Financial sector Experience within Credit and or Risk departments Experience in Debt collections Excellent understanding of key Financial Accounting Principles amp Practices Experience with credit assessment and Risk Management QUALITIES Proven leadership acumen Ability to take responsibility for making difficult decisions and taking calculated risks Analytical planning and organizational qualities Team Player Excellent negotiation interpersonal verbal and written communication skills METHOD OF APPLICATION Interested and qualified candidates should send their CV to cv ascentech com ng with the quot Job Title quot as subject of the email Note Only shortlisted candidates will be contacted

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