About Fidelity Bank
Team Member Loan Recovery at Fidelity Bank
Fidelity Bank is a prominent commercial bank based in Nigeria. It serves over 5 million customers through its network of 250 business offices. The bank is headquartered in Victoria Island, Lagos, and is licensed as a commercial bank. Fidelity Bank’s core mission is to support families, individuals, and businesses in their communities to achieve their financial goals. It has a rich history dating back over 100 years, with its operations commencing in 1988 as Fidelity Union Merchant Bank Limited, and it has since become one of the fastest-growing financial institutions in Nigeria.
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Summary
- Company: Fidelity Bank
- Job Title: Team Member, Loan Recovery
- Job Type: Full Time
- Location: Lagos and Edo
- Deadline: Not Specified
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Job Title: Team Member, Loan Recovery
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Job Objective(s)
- Recovery of Non-performing accounts.
Duties & Responsibilities
- Liaise with Legal Dept. on recovery process.
- Liaise with External agents (Estate Agents & Valuers, External Solicitors, Debt Recovery agents, Private Investigators, SFU, EFCC).
- Lead negotiation team for major Recovery accounts.
- Liaise with Branch Leaders and Bank Heads on developing and implementing recovery strategies for non-performing accounts
- Recommendation of interest waivers, concessions, write offs and classification of non-performing accounts.
- Supervise the work performance of Teams.
- Attend court sessions in relation to accounts in Litigation
- Render various reports on recoveries made on non-performing accounts monthly.
- Marketing and selling of Collateral of Non-performing accounts.
- Any other duties as assigned by either Supervisor or Divisional Head.
Key Competencies/ Knowledge
- Ability to pay attention to detail.
- Good knowledge of the Bank’s Banking Software.
- Strong ability to interpret and reconcile accounts.
- Good Knowledge of Bank Credit Policy and general economic trends in the country.
- Good knowledge of Microsoft Excel.
- Excellent negotiation and bargaining skills.
- Strong analytical skills.
- Excellent organizational skills.
- Good record keeping / file keeping and documentation skills.
- Excellent interpersonal skills.
Requirements
- Qualification: Minimum educational level – Bachelor’s Degree in social science or humanities or HND with a Master’s Degree
- Experience: Minimum of 2 years on the role and 5 years in Banking
Deadline
Not Specified
Method of Application
(See tips on how to write a professional CV, ATS Compliant CV and a sample cover letter.)
Important: See Helpful Career Resources
Team Member Loan Recovery at Fidelity Bank
Team Member Loan Recovery at Fidelity Bank
Team Member Loan Recovery at Fidelity Bank
Team Member Loan Recovery at Fidelity Bank
Team Member Loan Recovery at Fidelity Bank
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