RECOVERY OFFICER – Cameroun
UBA Cameroon
Lieu, Non spécifié, Cameroon
·12 Feb. 2023
·Unspecified
·Accounting - Management
·Accountant
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- Monitor & follow up with customers to ensure timeliness & effectiveness in collection of engagements.
- Investigates and pursues the collection of current and delinquent accounts involving revenues due to the bank
- Proactive Operational Risk Management with a view to reducing Operational Losses in the Bank and in compliance with the banking policies.
- Focusing on maximizing the recovery of outstanding debts from former customers using effective negotiation and settlement techniques
- Formulate, implement and review effective recovery strategies to achieve the established recovery targets for the
- Review delinquent Enterprise loan accounts which are handle by Area Business Office
- Ensure strict compliance to established guidelines and internal policies and procedures on Non Performing Loans (NPL
- Formulate, implement and review the process enhancement to improve productivity and work quality
- Ensure compliance with the Group’s standards and regulatory requirements pertaining to Money Laundering and KYC
- Continuously identify accounts with potential for recovery and ensure effective recoveries measures are implemented
- Allocate targets and review performance to manage NPL accounts.
- Prepare/Review facilities for restructuring/rescheduling and compromised settlement with sound and analytical justification, for approval and implementation
- Ensure borrowers comply restructured/rescheduled and compromised settlement terms.
- Coordinates collection activities with other departments and outside agencies and resolves problems in the recovery process; assists in developing and modifying revenue recovery procedures.
- Obtains information on and locates debtors with delinquent accounts using skip tracing techniques, including credit reports and information from various governmental agencies.
- Ensure timely liquidation of collector
- Ensure litigation action progress smoothly without lapses
- Ensure compliance to bank guidelines/policies in respect of classification of accounts, adequacy of Loss provision, suspension of interest, valuation update of collateral, proper accounting and recognition of recoveries to P&L.
- Comply with the Bank’s policies/operating procedures on NPL accounts
- Review all recovery management reports to ensure accuracy and timely submission to management
- Creation of Risk awareness among employees in the Bank
- Provision of overall leadership and direction for the Bank
- Timely rendition of risk reports; Consistent collation of data for analysis; Accurate and realistic stress reporting
- First degree (or equivalent ) in Accounting, Banking & Finance, Economics or related discipline
- Postgraduate and/or Professional qualifications in accounting e.g. ACA, ACCA, MBA etc
- 4 -8 years cognate experience, with at least three (3) years in a Leadership capacity.
- Must clearly embrace and exhibit UBA values
- Knowledge of Banking Operations
- Quantitative skills
- Proficiency in Computer Processing
- Analytical and interrogative skills
- Good Interpersonal and Communication Skills
- Supervisory skills
- Understanding of regions legal system
» Years of work experience: Between 5 years and 8 years
» Minimum Education Level: Bachelor's Degree
» Resume
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