Job Summary
Category:
Banking / Finance
Categories
Job Vacancy For Head of Recoveries
A reputable Bank is looking for suitably qualified and experienced person with demonstrated track record in debt collection and recoveries processes to fill the position of:- Head of Recoveries
Overall Purpose
The job holder will work in the Recoveries Department to ensure that all classified and charged off debts are recovered for the Bank.
Key Responsibilities:
The responsibilities of the incumbent include but not limited to the following:
• Plan, supervise and organise recovery of the Bank's classified and charged-off accounts
• Liaise with the Legal and other business units for the preparation of legal briefs and timely referrals of cases to external solicitors
• Where recovery of the Bank's debt is outsourced for collection, monitor the performance of external solicitors on monthly basis.
• Liaise with staff of other business units in the preparation of witness to evidence for the bank by the external solicitors and ensure attendance in court
• In the event that the Bank secures judgement, supervise the execution process by liaising with the external solicitors, court registrar, bailiffs and auctioneers for judicial sale of attached property.
• Endorse processing of solicitors bills for payment on filing for court processes and claims for work done
• Advise management on mortgage release and ensure proper documentation process where property is assigned to the Bank in lieu of debt payment.
• Mentor, coach and manage the performance of staff in the recoveries department and provide development opportunities to them
• Prepare and submit periodic reports on the debt recoveries to Management and the Board of Directors
Qualification Required & Experience
• Must have a second Degree or relevant professional qualification, qualification in Law is an added advantage
• Must have minimum of 10 years relevant extensive hands-on experience, 5 years of which is in debt collection and recoveries management
• Good knowledge of debt restructuring, court proceedings, Bank of Ghana Regulations and Banking Law.
Location: Accra
How To Apply For The Job
All interested qualified persons should submit their application letter and CV to:-
thegreattalent@yahoo.com
Closing Date: 09 December, 2013