Recovery Officer at First Bank of Nigeria

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first bank of nigeria

Applications are invited from suitable and qualified candidates for the Position of Recovery Officer at First Bank of Nigeria.

About First Bank of Nigeria Limited

First Bank of Nigeria Limited is the leading bank in West Africa and deeply ingrained in society. Its culture revolves around four core values: Entrepreneurship, Professionalism, Innovation, and Customer-Centricity (EPIC). These values define the bank’s mindset, actions, and work ethic, enabling them to fulfill their vision of becoming Africa’s preferred bank. EPIC encapsulates their commitment to achieving results for each other, the bank, and themselves, fostering motivation and personal growth. Every decision and action taken by FirstBankers is guided by these values, emphasizing the importance of entrepreneurial spirit, professionalism, continuous innovation, and a customer-focused approach in their work.

Summary

  • Company: First Bank of Nigeria (FBN)
  • Job Title: Recovery Officer
  • Job Type: Full Time
  • Qualification: BA/BSc/HND/Msc
  • Location: Lagos, South, North & East
  • Grade: BO-AM

Job Title: Recovery Officer

Job Description

Responsibilities:

  • Recovery of delinquent accounts and reduction of bad debt portfolio.
  • Driving recovery process at both 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.
  • 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.
  • Provide the required clearance on Camsol/Camac confirmation.
  • Posting recoveries made by customers and charging off concluded accounts.
  • Maintain the security of all information entrusted to the staff.
  • Any other job that may be assigned.

See Also:

Job Requirements for the Position of Recovery Officer at First Bank of Nigeria:

  • Minimum of a first degree or its equivalent in a business /Law related discipline
  • Masters, MBA or a recognized professional certification will be an added advantage
  • Must have a legal background, with the ability to interpret contracts, debt recovery regulations, and related compliance requirement.

Deadline

8th December, 2025

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