United Bank for Africa Plc (UBA) is one of Africa's leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria, UBA has grown to become a Pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.
We are recruiting to fill the vacant position below:
Job Title: Recovery Officer
Reference No: #RMD0011
Locations: Abuja, Benin City - Edo, Lagos and Port Harcourt - Rivers
Job Functions: Sales
Industries: Banking / Finance & Investment
Description
- We are currently looking for experienced candidates with very sound Loan Recovery experience to lead teams in the following locations: North Central, Benin, Port Harcourt and Lagos.
Responsibilities
- Originate Loan repayment proposals for requests from indebted customers for management’s consideration.
- Initiate proposals for realization, repossession, and sale of pledged assets and properties of indebted customers.
- Rendition of monthly debt recovery reports for the zone to the ZH for onward submission to Financial reporting, Performance management and DH, Remedial Management & Credit Recovery Division
- Achieve recovery financial target in line with advised budget
- Recovery of watch-list accounts & transferred accounts with early warning signals to avoid further deterioration
- Manage relationship with debtor customers to ensure compliance with repayment agreements, court orders, regulatory request (EFCC, CBN, Police etc) & restructure request.
- Review, process and reconcile accounts of indebted customers complaints to ensure amicable resolution & payment of agreed sum
- Conduct and document recovery visitation to customers
- Management of Memorandum bad debts portfolio and Loan Loss portfolio within assigned business offices
Requirements
Qualification:
- At Least Second Class Lower in Law / Humanities and not more than 35 years old
Experience:
- At least 3 years work experience as Recovery officer in Financial services/ Law firms
Skill/Competencies:
- Knowledge of the Loan Recovery function.
- Basic credit Skills.
- Good Customer relations
- Communication Skills
- Basic banking operations knowledge.
- Effective reporting
- Negotiating Skills.
Application Closing Date
19th September, 2018.
How to Apply
Interested and qualified candidates should:
Click here to apply online