💼 Vacancy: Recovery Officer — First Bank of Nigeria
📍 Locations: Lagos | South | North | East
💰 Compensation: ₦350,000 – ₦500,000 Monthly
🏢 Office Address: Samuel Asabia House, Lagos
About the Role
First Bank of Nigeria revered as the cornerstone of modern banking in West Africa — is seeking experienced Recovery Officers to fortify its credit risk and debt management divisions across key regions in the country. With more than a century of sustained excellence, First Bank remains a pillar of stability and trust, offering employees a culture that values professional growth, discipline, and innovation.
As a Recovery Officer, you will be charged with the strategic and operational management of non‑performing loan portfolios. Your expertise will help reduce delinquent accounts, protect secured collateral, and reinforce the Bank’s reputation for integrity, diligence, and financial prudence. The position demands a strong sense of discretion, legal understanding, and a results‑driven approach to revenue recovery in alignment with First Bank’s corporate ethics and governance standards.
Key Responsibilities
- Conduct systematic recovery operations to reduce bad debt and ensure steady cash inflow into the Bank’s credit portfolio.
- Initiate, monitor, and report frequent recovery drives within assigned territories to target recalcitrant debtors.
- Engage, train, and supervise contracted recovery agents to ensure goal alignment and adherence to ethics.
- Provide regular updates to management through monthly and quarterly performance reports.
- Conduct collateral verification and physical inspection to safeguard secured assets.
- Oversee foreclosure procedures for defaulting customers and facilitate asset liquidation where legally appropriate.
- Liaise with law enforcement agencies, courts, and external counsel on cases relating to fraud, trespass, or mortgaged property.
- Prepare and review repayment plans submitted by clients and advise management on achievability.
- Collaborate with compliance and legal departments to maintain adherence to current debt regulations.
- Render timely postings of recoveries into the CAMAC system and maintain accurate account records.
You must demonstrate high integrity, exceptional accuracy in record‑keeping, and a responsible approach to sensitive customer data and confidential information.
Eligibility Criteria
- Educational Requirement: Minimum of a First Degree in Law, Business Administration, Banking and Finance, Accounting, or related discipline.
- Preferred Qualification: MBA, Master’s Degree, or certifications in Credit Management and Debt Recovery.
- Experience: 2 – 5 years of hands‑on experience handling loan portfolio recoveries within a financial institution or legal firm.
- Legal Competence: Must possess a firm understanding of litigation, enforcement act procedures, foreclosure laws, and contractual compliance.
- Technical Skills: Efficient in using banking applications and reporting tools for asset tracking and portfolio analytics.
- Core Attributes: Analytical thinking, resilience under pressure, excellent communication, discretion, and a high degree of professionalism.
Why Join First Bank of Nigeria
First Bank does not merely employ professionals—it cultivates a legacy of leadership and integrity. You will work with a team of seasoned bankers, legal experts, and strategic risk officers who actively shape the Bank’s financial resilience and long‑term trust with clients.
Being part of First Bank means:
- Growing within Africa’s most historic and respected financial brand.
- Continuous learning and career development through structured training programs.
- Transparent career progression path supported by robust mentorship programs.
- Competitive salary and benefits packages that reward efficiency and results.
Your role as a Recovery Officer will not only protect the Bank’s financial integrity but also contribute to economic stability in the communities we serve.
How to Apply
Applications are to be submitted only through First Bank of Nigeria’s official career portal.
To apply:
1️⃣ Visit 👉 THE APPLICATION PAGE
CV Revamp Advice Before You Submit
To increase your chances of selection, tailor your CV to showcase your value in quantifiable terms. Avoid generic job lists — focus on impact.
✅ Structure for Impact: Begin with a succinct career summary emphasizing loan recovery and legal expertise.
✅ Show Results: Provide specific examples, e.g., “Achieved 92% recovery on delinquent accounts worth ₦150 million within six months.”
✅ Document Skills: List software and tools used in your daily operations—CAMAC, Excel, CRM, data analytics.
✅ Highlight Soft Skills: Negotiation, discipline, ethics, courtroom presentation, and stakeholder engagement.
✅ Professional Design: Use a modern, clear, and ATS‑friendly CV layout.
👉 How to Revamp Your CV and Stand Out in 2025
Remember—First Bank’s recruiters prioritize clarity, consistency, and real‑world achievement over buzzwords. Present your CV as proof of your success in handling complex recoveries with precision and grace.
Final Words
This is more than a banking job—it’s a calling for professionals devoted to financial stewardship, lawful practice, and measurable impact. Accept the challenge to protect, recover, and lead with integrity at the bank that built Nigeria’s financial foundation.
You can also explore more openings under our Jobs Section.
