Loan Recovery Officer Vacancy at Basic Consumers Kash Ebonyi Cooperative Society Limited

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Position Title: Loan Recovery Officer.

Job Station: Ebonyi State.

INTRODUCTION:-

Loan Recovery Officer job opportunity is available at Basic Consumers Kash Ebonyi Cooperative Society Limited for individuals who possess relevant qualifications.

DUTIES AND RESPONSIBILITIES:-

• Follow up with customers for all outstanding payments and identify problematic accounts. Ensures Non-Performing Loans are followed up and monitored diligently.
• Responsible for communicating with delinquent borrowers, establish and developing effective payment plans with the delinquent borrowers.
• Ensures Loan Repayments are monitored promptly and reminders are issued timely on any amount in arrears.
• Making collection efforts on past due accounts vide site visit, email or phone in order to achieve prompt payment.
• Advise borrowers of their legal liabilities under existing contract law (including the interpretation of their liability under the loan agreement).
• Perform daily operational or admin duties of department including daily reports and processing of accounts.
• Compile statistics and reports related to Credit Admin for management review.
• Liaise with lawyers to issue Notice of Demand and Notice to Recall
• Follow up with lawyers on litigation cases until the cases are closed.
• Submit the litigation cases to the judge:
  • Attend Court to meet with the Judges whenever required.
  • All other matters ancillary to the above and to perform any other related duties that Management may require from time to time.

DESIRED EXPERIENCE & QUALIFICATION:-

• Degree in Banking / Finance / Accounting or Economics are preferred.
• Minimum 2 years experience in loan recovery role.
• Good command in written and spoken English and izzi, ikwo and afikpo
• Strong communications skills.
• Familiarity with bank deposits / loans products.

REMUNERATION:-

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WHO IS Basic Consumers Kash Ebonyi Cooperative Society Limited?