Keystone Bank is a full service commercial bank wholly owned by the Asset Management Corporation of Nigeria (AMCON) and was granted banking license on August 5, 2011, by the Central Bank of Nigeria (CBN). The Bank has met and exceeded all capital and capital adequacy requirements of the CBN and assumed the deposit liabilities, certain other liabilities and assets of former Bank PHB Plc, following the revocation of the erstwhile bank's operating License by the CBN.
Keystone Bank is recruiting to fill the below position:
Job Title: Team Member, Asset Remedial Management
Job Description
Responsible for accounts in catchment area that are past due by at least 181 days. This includes accounts classified doubtful, lost and those that have been written off to memorandum database without prejudice to the provision status of such past due accounts as well as accounts recommended by Management or Branch.
Duties And Responsibilities:
- Recovery of classified non-performing accounts
- Following up with customers with past due payments through the telephone, letters, e-mail, text messages and visitations
- Site inspection and visitation of the premises of customers
- Outsourcing of recovery to Debt Recovery Agents
- Appointment of solicitors in conjunction with Legal Department for recovery of accounts that are under litigation
- Assessing repayment proposals from customers and making recommendation to Executive Management
- Writing proposals for waivers of interest, write-off and write-back to P/L
- Initiating & managing Receivership and foreclosure of pledged assets
- Review of performance of delinquent accounts in order to recommend for either declassification or write-off based on the provisions of the Bank’s Credit Manual
- Manage and keep track of costs and contribution to Income of the Bank
- Manage liason with the Asset Management Corporation of Nigeria (AMCON) and respond to general queries for information, statement of accounts, collateral release and write off. Copied from: www.hotnigerianjobs.com
Key Performance Indicators:
- Cash recoveries measured against set group quarterly target
- Reduction in actual number of Non Performing Loans in assigned portfolio
- Diligence, speed and accuracy in completion of assigned task.
Minimum Education Qualifications:
- A good first degree from any reputable University
- Required Experience: 1 - 3 years
Post Graduate Qualifications:
- A relevant Post Graduate degree will be an added advantage
Professional Qualifications:
- Relevant Professional Qualification will be an advantage. Copied from: www.hotnigerianjobs.com
Skills And Competencies:
- Knowledge of basic products and services in the Financial Services Industry
- Possession of basic listening skills to understand customer requests
- Ability to provide prompt, accurate and complete resolution to general
- Requests and directs technical queries to the most appropriate solution provider
- Excellent communication and interpersonal skills
- Interpersonal and communication Skills
- Computer Appreciation
- Customer service orientation
- Negotiation Skills
Application Closing Date
11th March, 2014
Method of Application
Interested and qualified candidate should:
Click here to apply online