Recovery and Collection Executive Vacancy at a Microfinance Firm – Smart Partners Consulting Limited

Position Title: Recovery and Collection Executive.

Job Station: Lagos State.

INTRODUCTION :-

Recovery and Collection Executive job opportunity is available at Smart Partners Consulting for individuals who possess Minimum BSc.

Job Description

• We are in need of a Recovery and Collection Executive who is to apply the different strategies as defined in the Recovery process, policy and strategy manual to have delinquent and default accounts regularized and/ or to provide credit solutions to customers.

DUTIES AND RESPONSIBILITIES :-

• Manage Large NPA 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 that for all process there is a maker and checker process in preparation of vouchers, reconciliation of accounting reports and any other reporting and submission with Collections and Recovery
• 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 by the bank in terms of upkeep and filing of documentation
• Ensure that the submission timeline is respected with the no delay to internal as well as external stakeholders
• Develop good rapport and liaison with other departments (OPC,Credit Card dept, Finance, IT, Legal, Credit Admins etc…) relative to any recovery process or activity
• Assist and participate in Internal and External audit reviews and also contribute to management responses
• 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
• 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

DESIRED EXPERIENCE & QUALIFICATION :-

• Minimum BSc with at least 10 years MFB experience / Under Graduate / Post Graduate
• At least 5-10 years banking experience
• Experience within Credit and/or Risk
• Experience in Debt collections
• Understanding of BoM guidelines
• Legal recovery knowledge as well as BPA
• Understanding of BASEL convention will be an advantage.
• Additional skills:
• Communication and Listening skills
• Negotiation Skills
• Fluency in English and French
• Ability to use Microsoft Office tools (Excel, Word, PowerPoint)
• Financial – Accounting Principles & Practice
• Credit assessment
• MIS Analytics
• Lending Procedures and Legal aspects would be an advantage
• Risk Management
• Leadership
• Planning and Organizing
• Team Player
• Can do attitude
• Innovative

Apply Before :-

7th January 2020.

INTERESTED?

Interested and qualified candidates should send their CV to: talent@smartpartnersng.com using the “Job Title” as the subject of the mail.