Recovery Officer (Lagos) at First Bank of Nigeria Limited

Job Title: Recovery Officer

Job Description

• Recovery of delinquent accounts and reduction of bad debt portfolio.
• Driving recovery process at both 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.
• 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.
• Any other job that may be assigned.

Job Requirements

• First Degree in Law is REQUIRED plus any other additional qualification.
• Minimum of 2 – 6 years of banking experience in a similar role.
• Relevant qualifications would be an added advantage.

Application Instructions

The application deadline is 14th February, 2025. Therefore, qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION” It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Website:

Official Job Website: https://www.firstbanknigeria.com