Position Title: Foreclosure Officer: Foreclosure & Debt Litigation
Employer: Abyssinia Bank
Employment: Full-Time | Permanent
Place of Work: Addis Ababa - Ethiopia
Posted date: 58 minutes ago
Deadline: March, 13/2026 (4 days left)
Job Objective:
To handle complex legal matters, court proceedings related to debt, loan litigation and criminal cases, any tribunals, and to identify emerging trends associated with loan defaults that may affect the Bank.
Main Duties and Responsibilities:
- Prepare statements of claim, defense, other pleadings and memorandum of appeal with respect to loan recovery before courts to protect the Bank from emerging loss.
- Represent the Bank or ensure the Bank is appropriately represented in courts and any tribunals for issues related to loan litigations.
- Review court judgments and any tribunal orders and advise branches and concerned departments to comply with the decision.
- Follow up on the implementation of courts and any tribunal orders.
- Follow up and advise on the defaulting loans and the termination of the legal and equitable title of properties held as collateral.
- Prepare letters to public authorities and to defaulters for the execution of foreclosure activities.
- Prepare legal notices to defaulters for the settlement of arrears on loans granted by the Bank.
- Advise and follow up on criminal cases related to loan issues.
- Review reports on the status of loan litigation cases and court decisions.
- Recommend an alternative way of case settlements for some disputes with defaulting clients.
- Follow up on the auctioning of mortgaged/pledged property.
- Involved in conducting research aiming at improving systems and mechanisms of efficient loan recovery.
- Ensure the records of courts' adjournments, other documents related to loan litigation and all the necessary legal documents or files are available and neatly and systematically kept in the Department, both in hard and soft copy.
- Communicate results and court decisions to respective branches of the Bank.
- Interpret and prepare circulars and memos on legal issues that could affect the activities of the concerned work unit of the department.
- Analyze the problem outcomes of cases based on legal precedents and determine the advisability of defending or prosecuting lawsuits.
- Prepare statement of claim, defense, pleadings, appeal, affidavit, memorandum, application, notices & legal instruments.
- Follow-up the proper institution and presentation of legal suits and/or statements of defense in all cases, including judgment execution process and appeals.
- Represent the Bank before courts of law, judicial tribunals, and other similar organs in relation to loan litigation cases and criminal cases.
- Attend court cases, conduct litigation, and report progress on each adjournment.
- Participate in meetings and negotiations called by the Bank or external organs.
- Represent the Bank in any government, public or private organs, courts of law, judicial tribunals, etc.
- Follow up on crime cases handled by the police, prosecutor, court, or other similar crime investigation offices or government organs.
- Maintain current knowledge of alterations in legislation.
- Maintain teamwork at all operational levels and uphold good working relations with internal and external customers of the Bank.
- Take appropriate action and deliver results within the given service delivery time set for each work process.
- Handle and follow-up cases assigned to him/her end-to-end until the final response/decision reaches the requester.
- Prepare and deliver progress performance reports on court attendance to Supervisors immediately after return.
- Report to his/her supervisor on the current status of pending cases.
- Follow up on advisory and non-loan-related litigation cases in courts and other tribunals as assigned by the Director.
- Perform other related duties as assigned by the supervisor.
Qualification
- Education: LLM/LLB Degree in Law.
- Experience: Minimum of 4/6 years relevant legal experience, of which 3 years in the banking sector.
