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 First Bankers is guided by these values, emphasizing the importance of entrepreneurial spirit, professionalism, continuous innovation, and a customer-focused approach in their work.
We are recruiting to fill the position below:
Job Title: Recovery Officer (North)
Job Identification: 637
Location: Lagos
Job Schedule: Full time
Duties & Responsibilities
- 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.
Job Requirements
Education:
- First Degree preferably in Law, Accountancy, Computer Science or other Social Science disciplines.
Experience:
- Minimum experience: 2 years banking experience.
Tips for Being Successful When Applying for Recovery Officer (North) at First Bank of Nigeria Limited
When applying for the position of Recovery Officer (North) at First Bank of Nigeria Limited, here are some tips to help you increase your chances of success:
- Understand the role: Familiarize yourself with the responsibilities and duties of a Recovery Officer. Gain a clear understanding of the recovery process, debt collection strategies, collateral inspection, and legal procedures involved in asset recovery.
- Highlight relevant experience: Showcase any previous experience you have in banking, debt recovery, or related fields. Emphasize your knowledge of recovery processes and your ability to handle challenging debtors effectively.
- Demonstrate problem-solving skills: Recovery Officers often face difficult situations and need to find innovative solutions to recover debts. Highlight your problem-solving abilities, including your capacity to negotiate, mediate, and resolve conflicts.
- Showcase your communication skills: Effective communication is crucial in this role. Highlight your ability to communicate clearly and persuasively, both verbally and in writing. Show how you can build rapport with debtors, agents, and other stakeholders.
- Highlight your attention to detail: Accuracy and attention to detail are essential when managing recovery cases and reviewing legal documents. Demonstrate your ability to handle and analyze complex information with precision.
- Show your legal knowledge: A basic understanding of legal procedures and the ability to work with the court and law enforcement agencies are important in this role. Highlight any legal background or training you have that is relevant to the position.
- Emphasize your organizational skills: Recovery Officers handle multiple cases simultaneously. Highlight your organizational skills, including your ability to prioritize tasks, manage deadlines, and maintain accurate records.
- Demonstrate resilience and persistence: Debt recovery can be a challenging and sometimes frustrating process. Show that you have the resilience and determination to pursue recovery diligently, even in difficult circumstances.
- Showcase your integrity and ethics: Recovery Officers deal with sensitive financial and legal matters. Highlight your commitment to maintaining confidentiality, adhering to ethical standards, and conducting yourself with integrity.
- Research the company: Familiarize yourself with First Bank of Nigeria Limited’s values, culture, and vision. Align your application with their core values of entrepreneurship, professionalism, innovation, and customer-centricity.
- Tailor your application: Customize your application to highlight the skills and experiences most relevant to the role of a Recovery Officer. Clearly demonstrate how your qualifications align with the requirements of the position.
- Proofread your application: Ensure that your application is free of grammatical errors and typos. Double-check all details, including contact information and job references.
Remember, each application is unique, and these tips are meant to serve as general guidance. Tailor your approach to align with the specific requirements and expectations of the Recovery Officer role at First Bank of Nigeria Limited. Good luck with your application!
Deadline
3rd July, 2023
Method of Application
NOTE: Only Shortlisted Candidates will be contacted
