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
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