Manager, Legal Collection (with legal background)
Job ID7015
Location Nigeria – Lagos
Division Credit
Position Category Credit
Employment Type Full Time – Permanent
Shift No
Regulatory Approval Yes
Division Proposition
The Risk team at Standard Bank provides the essential foundations for our constantly evolving range of financial products and services. Risk is often the business unit that acts as the vital link in the powerful relationships we enjoy with our clients worldwide, and this division is now seeking an exceptional Manager, Legal Collection to help us build on our success. Because you will work with colleagues across the business, you need to be an independent thinker, with exceptional analytical and communication skills, as you will organise and negotiate measurable solutions to fulfill challenging targets, and support our corporate business objectives
Position Description
Job Purpose
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.
MUST HAVE A LAW DEGREE
Risk Management
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.
Relationships
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
Regulatory
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.
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.
Operational Management
Manage and maintain workflow.
Any delegated ad-hoc function. From Head of Collections.
Maintain a high level of customer service.
Control and monitor NPL accounts outsourced i.e. Court Orders for Repossession
Job Required Skills and Qualifications
MUST HAVE A LAW DEGREE – Minimum of a 2.2 LL.B degree
BL
Minimum of 5 years work experience in recovery or litigation Ability to manage a large area (volumes, value and staff complement)
Ability to work independently and within a team.
Remains organized and apply sound judgment, and keeps developing internal and customer relationships whilst under pressure.
Analytical, with attention to detail.
Strives for high degree of accuracy.
Analysis and identification of issues, and identification of most appropriate solutions.
Forward thinking and constantly strives to find better ways of doing things.
Empathy
Required Competencies
Time management and ability to meet deadlines.
Good verbal communication skills.
Networking skills.
Self confidence
We are an equal opportunities employer and are totally opposed to discrimination in any form. It is our policy to provide equal employment opportunities for all employees regardless of race, sex, colour, nationality, national or ethnic origin, sexual orientation, marital / partnership status, religion, age or disability
Lands & Claims Officer at Maventeq Systems Limited
Legal Counsel Corporate, AOBO & TCS at Maventeq Systems Limited
Strategic Sourcing Analyst - SRM Lead at Maventeq Systems Limited
Contracts Engineer / Buyer at Maventeq Systems Limited
Economist at Maventeq Systems Limited
More