Job Summary


Provide Leadership for all Staff in the Unit
Initiate action and mobilize resources to recover all bad loans and advances in the Bank
Get involved and give directions in recovery of amounts lost to fraud and theft in the Bank
Analyse all Non-performing Loans and mobilize all Staff in the Unit to pursue recovery with clear record of such efforts in the Bank
Liaise with Recovery Agencies engage by the Bank to pursue recovery with clear record of such efforts. • Relates with Internal/External Solicitor, Law Enforcement Agents and other Stakeholders to achieve successful outcomes of all cases of recoveries of the Bank
Share Reports of the Unit with Management and Performance Unit for analysis, presentations and decisions making


Job Details

 


Plan and coordinate actions for recovery of risk asset losses and other business losses such as fraud and theft, relative to target in the Bank.
Monitoring Expenses of Recovery Officers Bank-wide.
Seek ways to continually improve upon performance and productivity of all Staff in the Unit.
Investigate fraud issues and resolve discrepancies.
Advise Management of strategies and plans to recover lost and written-off loans recovery.
Mobilize all Staff in the Unit to recover all delinquent loans of recalcitrant debtors in the Bank
In cases of fraud, mobilize and direct Staff in the Unit to ensure that all fraudulent cases are promptly reported, recovered, and Police Reports are obtained.
Liaise with Recovery Agencies engage by the Bank to increase healthy mutual working relationships.
Review and send all relevant Reports of the Unit to Management on Weekly and Monthly basis.
Approve Leave for Staff in the Unit.
Relate with General Services to ensure that all insurance claims on staff fraud are followed up and claims duly paid.
Relate with Audit and Risk Department to obtain reports on fund misappropriation cases in the Bank and escalate to Recovery Officers in Zone/Segment to ensure recoveries.
Relate with Security Personnel for assistance when necessary.
Consult and obtain legal advice (internal & external) for management’s information and decision-making.
Ensure Human Resource Department supplies detailed information of guarantors of fraudulent staff to Recovery Officers to enable them follow up on recovery of amount fraudulently taken by Staff.
Assist in the recoveries of bad debts and fraud in the Bank.
Ensure that all amounts recovered are properly accounted for, and must be paid into LAPO’s dedicated account within 24 hours of recovery.
Ensure all cases under litigation are duly followed up to ensure justice
Review reports on court cases from Zones and Segments for follow through
Coaching, mentoring and supervision of all Staff in the Unit.
Identify training needs and plan training programmes for all Staff in the Unit from time to time 
Ensure reports on fraud are also sent to the legal unit for advice in case of prosecution
Any other duty that shall be assigned by Management from time to time


Requirements

Experience:  Minimum of 5 years relevant experience

Benefits


Competitive Salary
Health Insurance (HMO)
Leave Grant (Allowance)
13th Month 
Paid Time Off (PTO): 

Vacation days
Sick days
Holidays


Retirement Savings Plan: 

Contributory pension 


Insurance: 

Group life insurance
Workers' compensation insurance


Professional Development: 

Budget for conferences, workshops, and trainings
Mentorship opportunities