Team Lead, Business Support and Recovery at Human Capital Partners (HCP)

Human Capital Partners (HCP) is a leading HR consulting firm that delivers exceptional service by providing clients with high-quality alternatives to in-house resources across the entire HR value chain.

We are recruiting to fill the position below:

Job Title: Team Lead, Business Support and Recovery

Location: Lagos
Employment Type: Full-time

Job Summary

• To achieve reduction in non-performing loans and maintain same within acceptable industry limit. To recover lost account in a timely manner with a minimal cost to the Bank.

Duties & Responsibilities

• To ensure that recovery is done within the work-out frame work and recovery policy and procedure of the Bank.
• To establish the communication and strategy with relationship manager and borrower on appropriate recovery process to minimize the loss of the Bank.
• To establish and facilitate the processes for workout and recovery on lost accounts in line with the Bank’s credit risk policy
• implement agreed workout strategies, monitor and report the achievements on an ongoing basis
• To develop and apply best and standard practices for collateral realization and other assets.
• To actively engage debtor- customers who are in court with the Bank for out of court settlement within Bank acceptable standard.
• To analyse and evaluate troubled accounts and propose restructure of such accounts where applicable or necessary.
• To organise quarterly credit reviews with relationship in attendance to criticise troubled accounts and take strategic remedial or recovery decisions to resolve same.
• To gather information in a very detailed manner from relationship and debtors in order to articulate effective recovery strategy.
• To recommend to management all such accounts that qualify for waiver or concessions.
• To develop the guidelines for recruiting or registering recovery agents, recovery agencies or any other third parties and also monitor their activities.
• To review reports and performance of recovery agents on an on-going basis.
• Follow the Bank’s lending and credit risk policy and philosophy while delivering the execution of recovery
• Carry out such other duties that may be delegated to it by the CRO and senior management.
• To hold monthly meetings with Legal Department (being a BSRD critical stakeholder to discuss, examine and resolve litigation and other matters with recovery accounts.

Requirements

• B Sc. in Accountancy / Finance, Banking, Economics, Business Administration or Bachelor of Law or any other relevant qualification. Master degree in a related course will be an added advantage.
• Minimum of 12 years Banking experience out of which 3years must be as a senior management staff in Recovery department/unit of a reputable bank.
• Professional qualification such as Institute of Debt Recovery Practitioners of Nigeria (AIDRPN), ACIB, ACA, ACCA, BL. RIMAN or any other professional courses.

Application Closing Date
10th December, 2024.

How to Apply
Interested and qualified candidates should send their updated CV to: [email protected] using the Job Title as the subject of the mail.