First Bank of Nigeria Unit Head, Classified Assets Management - Jobs in Nigeria

First Bank of Nigeria Unit Head, Classified Assets Management - Jobs in Nigeria


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: Unit Head, Classified Assets Management

Job Identification: 642
Location: Lagos
Job Schedule: Full time

Duties & Responsibilities

  • Working with FBN UK Limited to recover funds from debtors based in Africa.
  • Driving recovery process at both designated locations and SBU.
  • Design & implement recovery strategies within 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.
  • Ensure existence of insurance on assets securing RCAM accounts.
  • 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 & the Board.
  • Design of template for issuance of letter on non - indebtedness and processing of same from initiation to approval stages.
  • Provide the required clearance on Camsol/Camac confirmation.
  • Maintain the security of all information entrusted to the staff.

    Job Requirements

    Education:

  • First Degree preferably in Law, Accountancy, Computer Science or other Social Science disciplines.

    Experience:

  • Minimum of 10 years relevant banking experience.

    Application Closing Date

    19th August, 2022.

    How to Apply

    For more information and job application details, see;
    First Bank of Nigeria Unit Head, Classified Assets Management - Jobs in Nigeria


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