Eoin.fa.em3
Collection & Recovery Officer
Company
Role
Collection & Recovery Officer
Location
Job type
-
Found on Mokaru
15 hours ago
Salary
Job description
- Collect monies due from clients in “NPL and Written off” categories.
- Recover money from NPL clients and rehabilitate them to normal as per allocated portfolio and classification.
- Follow up with branches and RMs to have their portfolios clear Update clients’ files with new information as and when it is received.
- To action all NPL and written off accounts with a view to bringing them back to a situation reflecting NIL arrear or realizing collateral in a timely manner.
- To implementing prompt legal action in order to maximize debt recovery.
- To develop and maintain relationships with the other functions within the bank as well as other stakeholders like finance Department, Retail Department, external debt collectors, Auctioneers, Court Bailiffs, and the Lawyers.
- To contribute towards the effectiveness and cost efficiency of the Customer Debt Management Unit to increase the recovery rate on the arrears portfolio.
