RECOVERIES MANAGER – CORPORATE LENDING

VACANCY

Be part of an exciting team that is looking at changing the Banking landscape.
If you are a self-starter and looking for a challenging, yet exciting opportunity to grow and develop new markets with First Capital Bank please submit your applications for the following position.
RECOVERIES MANAGER – CORPORATE LENDING
REPORTS TO
Head of Credit

JOB PURPOSE

•Monitor and analyse accounts in arrears to identify potential risks as well as implementation of proactive measures to prevent accounts from falling into arrears.

 

KEY RESPONSIBILITIES

•Monitor and analyse accounts to prevent and address arrears.
•Implement proactive measures to mitigate arrears risks.
•Develop and implement effective recovery strategies.
•Utilize data analysis to identify trends and improve recovery rates.
•Coordinate legal proceedings for defaulted accounts.
•Lead and manage a team of recovery professionals.
•Set performance targets and provide guidance and support.
•Conduct regular training sessions for team development.

•Collaborate with internal teams (risk management, legal, and credit) to enhance credit risk processes.
•Build relationships with external partners, including collection agencies and legal firms.
•Prepare regular reports on arrears and recovery efforts.
•Conduct in-depth analysis to inform strategic decision-making.

 

QUALIFICATION & EXPERIENCE

•Bachelor’s degree in Finance, Actuarial Sciences, Business, or a related field.
•Minimum of 5 years of relevant experience in a similar role within the banking or financial industry.
•Analytical mindset with proficiency in data analysis tools.
•A legal background will be an added advantage.

 

KEY SKILLS & COMPETENCIES

•Strong understanding of credit risk management principles.
•Excellent leadership and team management skills.
•Effective communication and negotiation abilities.