Posted on :
21 Jun, 2011
21 Jun, 2011
Stanbic IBTC Bank PLC (formerly IBTC Chartered Bank Plc) is a Nigeria-based bank. It is active within the three business segments: Individual Banking that provides banking and financial services to individual customers; Business Banking that serves small and medium-sized enterprises, and Corporate Banking, focused on institutional clients
MUST HAVE A LAW DEGREE
Ensure that all the necessary processes and controls are in place to properly manage the NPL book with special focus on accounts with legal issues.
Minimize the number accounts ending up in litigation
Ensure that all cases in court are disposed off speedily.
Liaise with external lawyers handling all cases in relation to all distressed assets in the Bank
Ensure maximum recovery on all accounts in litigation.
Ensure effective and efficient process of realizing any underlinning security.
Control and manage regularisation of accounts.
Manage the control of the Post Write Off portfolio.
Resolve all customer queries that arise on accounts in the NPL category.
Liaise with business partners on developments within Specialised Recoveries, and their needs.
Co-operative relationships between the various participants in the credit recovery processes.
Must have good relationship skills
Ensure compliance with statutory, regulatory and supervisory requirements, to protect the reputation of the Group and to avoid legal action / sanction in respect of regulatory compliance matters.
Monitor adherence to internal controls and regulatory requirements and enhance procedures, in need.
Report any breaches and exposures to the business unit head and / or the division’s Regulatory Compliance Officer.
Maintain high ethical standards to prevent market abuse.
Provide relevant MI information to Head of Collections.
Maintain a high level of customer service.
Control and monitor NPL accounts outsourced i.e. Court Orders for Repossession
Manage and maintain workflow.
Any delegated ad-hoc function. From Head of Collections.