Team Lead, Collateral Confirmation & Market Intelligence at First Bank

Duties & Responsibilities

• Supervise the confirmation of contracts and collaterals across all BUs for LPO, IDF, CFF, APG, PFI, BG etc
• Supervise the process of confirmation of domiciliation arrangement from approved Principals
• Supervise the physical collection, monitoring/tracking of Sovereign Debt note (SDN) from Debt Management Office (DMO) and CBN  
• Supervise the verification and confirmation bank domiciliation for quality asset creation
• Supervise physical visitation of schools to validate RAC under FirstEdu. Product within region of coverage
• Supervise physical visitation of third-party vendors to verify suppliers under Stock replacement facility product
• Supervise validation of agreements /signatories under ESCROW account  
• Monitoring and tracking of all short term loan repayments across all SBUs to prevent diversion and NPL
• Supervise the visitation and assessment of markets for enlistment on FTS and variants
• Supervise the process of onsite customers’ profiling and stock hypothecation to ascertain and recommend maximum obligor limit accessible to customers
• Supervise the implementation of collection strategies for FTS and variants to ensure timely regularization of facilities
• Co-ordinate the process of administration of market intelligence in the process of customers onboarding on FTS and its variants
• Ensure the provision of periodic report on collection position on all active accounts bank wide for FTS and variants
• Coordinate the tracking of inflow for all Short-term Loans across SBUs to avoid diversion
• Drive collection on FTS and variants in branches and ensure performance trigger monitoring
• Ensure the arrangement of regular visits/meetings with customers and follow-up on repayment arrangements
• Supervise the follow up with CRM for conveyance of F3800Bto to the Relationship team
• Liaise with Legal Services for review of documents for perfection and follow through
• Ensure timely processing of security documents & certifications
• Supervise the circularisation for the release of security documents
• As part of Bank’s Information Security requirements, maintain the security of all information entrusted to the staff and comply with the principles in the Information Security handbook

Job Requirements
Minimum Education:   

• First Degree in any discipline. MBA will be an added advantage

Experience:

• 8 years banking experience (including credit analysis, banking operations & relationship management).