Human Capital Partners (HCP) is a leading HR consulting firm that delivers exceptional service by providing clients with high-quality alternatives to in-house resources across the entire HR value chain.

We are recruiting to fill the position below:

Job Title: Team Lead, Business Support and Recovery

Location: Lagos
Employment Type: Full-time

Job Summary

• To achieve reduction in non-performing loans and maintain same within acceptable industry limit. To recover lost account in a timely manner with a minimal cost to the Bank.

Duties & Responsibilities

• To ensure that recovery is done within the work-out frame work and recovery policy and procedure of the Bank.
• To establish the communication and strategy with relationship manager and borrower on appropriate recovery process to minimize the loss of the Bank.
• To establish and facilitate the processes for workout and recovery on lost accounts in line with the Bank’s credit risk policy
• implement agreed workout strategies, monitor and report the achievements on an ongoing basis
• To develop and apply best and standard practices for collateral realization and other assets.
• To actively engage debtor- customers who are in court with the Bank for out of court settlement within Bank acceptable standard.
• To analyse and evaluate troubled accounts and propose restructure of such accounts where applicable or necessary.
• To organise quarterly credit reviews with relationship in attendance to criticise troubled accounts and take strategic remedial or recovery decisions to resolve same.
• To gather information in a very detailed manner from relationship and debtors in order to articulate effective recovery strategy.
• To recommend to management all such accounts that qualify for waiver or concessions.
• To develop the guidelines for recruiting or registering recovery agents, recovery agencies or any other third parties and also monitor their activities.
• To review reports and performance of recovery agents on an on-going basis.
• Follow the Bank’s lending and credit risk policy and philosophy while delivering the execution of recovery
• Carry out such other duties that may be delegated to it by the CRO and senior management.
• To hold monthly meetings with Legal Department (being a BSRD critical stakeholder to discuss, examine and resolve litigation and other matters with recovery accounts.

Requirements

• B Sc. in Accountancy / Finance, Banking, Economics, Business Administration or Bachelor of Law or any other relevant qualification. Master degree in a related course will be an added advantage.
• Minimum of 12 years Banking experience out of which 3years must be as a senior management staff in Recovery department/unit of a reputable bank.
• Professional qualification such as Institute of Debt Recovery Practitioners of Nigeria (AIDRPN), ACIB, ACA, ACCA, BL. RIMAN or any other professional courses.

Application Closing Date
10th December, 2024.