Job Title: Manager (Legal & Remedial)
Location: Lagos
Job Description
To Manage bank remedial portfolio providing focused remedial management oversight in terms of portfolio strategy within management standards and credit policies
Developing and implementing recovery strategies that are intended to either minimize the risks or maximize returns on managed transactions for the purpose of restructuring, stabilizing, or exiting managed accounts
Ensure remedial management activities comply with local regulatory requirements as well as internal policy and procedures, and responds timely to any changes

Identify potential policy, process, procedure and people weaknesses in problem recognition and remedial management and recommend enhancements to improve or remediate deficiencies to increase capacity and/or reduce costs
Managing the assigned portfolio within acceptable risk parameters, designing and implementing remedial strategies
Working, interacting and negotiating with internal and external customers, and external counterparties as necessary
Evaluating collateral and documentation to identify any documentation exceptions/deficiencies, and to determine appropriate remedial/recovery strategy

Developing and presenting action plans for assigned portfolio to senior management
Reviewing accounts on a monthly basis to gauge the level of progress achieved versus stated action plan, payment status (delinquency), appropriateness of classification and risk ratings, adherence to financial restructuring and any other internal or external follow-ups that arise during the course of time
Contributing to implementation of policy and initiatives relating to collateral matters
Keeping abreast of internal and external development that impact on collateral management and work with Management.
He/She will also work on the recovery of our cumulative written off loans and ensure that we are complying with all regulatory reports and requirements and respond to all letters received from customers and their lawyers.
He/she will be responsible for vetting of S.M.E loan documentations, letters and collateral agreements.

Qualification required:
He/she must be a lawyer with cognate experience in litigation and corporate law,
She will relate with our external lawyers where necessary.
The person must have at least 3 5 years post qualification experience.
University Degree in a related subject.

Application Deadline: 30th August, 2016.
How To Apply
Interested and qualified candidates should send their CVs to: hr@empiretrustmfb.com