Unit Head, Classified Assets Management at First Bank of Nigeria Limited

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 Number: 642
Location: Lagos

Duties and 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.

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
12:19 PM: 17th October, 2022.