Senior Executive, Collections Litigation
Salary undisclosed
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- Legal Function
- Management and prompt commencement of legal action for delinquent account as per the legal strategy and turnaround time established.
- Monitoring compliance of lawyers and valuers on service level agreement, turnaround time and service quality.
- Ensure timely issuance of instruction to discontinue/ withholding legal action to lawyers
- Support Functions
- Ensure adherence to scale fees established, where applicable
- Ensure timely payment of Court , Land Office and Official Assignees fees/deposit
- Ensure bills processing TAT are met and improving
- Ensure zero “duplicity” of outward charges/ bills payment
- Ensure system maintenance forms are correctly raised in respect to each legal situation attended
- Ensure all proceeds placed in SCMO are promptly and accurately reversed out
- Ensure Imperfect Documents under Collections care are followed through to perfection
- Prepare relevant MIS in relation to work assigned
- Generic Functions
- Ensure borrowers’ complaints are placed on priority for closure
- Delivery of any assignment(s) assigned from time to time
- Audit & Compliance
- Ensure speedy closure of audit actionables, within given deadline
- Ensure agreed corrective measures are acted on and followed thru
- Engage in Collections Process and Practice’ review by providing feedback and recommendation with the view to close operational gaps and minimize operational grey areas, if any
- Contribute to the Collections Manual, by actively participating in the updating of the same
- OTHER DUTIES
- External contacts;-
- Panel Solicitors
- Panel Valuers
- Land Office Staff
- Court Staff
- System Administrators
- Conferring on legal action taken or to be taken
- Conferring on valuation matters
- To build rapport and exchange of legal knowledge on the latest development in Banking Laws
- System matters
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