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Abyssinia Bank

Abyssinia Bank

Verified

Foreclosure and Debt Litigation (Surveillance Officer)

Addis Ababa (Head Office) - Ethiopia Full-Time Permanent

Posted

2 weeks ago

Experience

2/4 years

Deadline

Closed

Job Objective:

To strive and get tangible results in searching and spotting attachable property of defaulters and liable persons, followed by the department. Handle related to foreclosure, debt litigation, and criminal case.

Main Duties and Responsibilities:

  • Search and spot an attachment property.
  • Identify problem areas of each difficulty in finding property case/s at hand, and recommend alternative solutions if necessary.
  • Assist the foreclosure officer by making follow up the estimation of the collateral property, and research results reach on time from engineering service or any other organ.
  • Assist the foreclosure office during take over and handover of the collateral property.
  • Prepare statistical reports pertaining to searching spotting an attachment property on a monthly basis.
  • Participate in legal research (i.e., in data collection) aiming to improve foreclosure decisions.
  • Prepare a clear write-off proposal and present the cases on time for an appropriate decision.
  • Write a letter to the respective office of the government and collect the responses, distribute and follow up, to seize the defaulting client collateral/s in a reasonable time.
  • Handle the physical visit of the property to the bidder; it would be performed in the absence of the foreclosure officer upon the instruction of the immediate supervisor.
  • Assist the foreclosure officer in case of deposit of pictures and or video of the property to the bidder;
  • Serve the legal notice to the borrower and mortgagor /pledger in collaboration with the branch, if the landing branch is in Addis Ababa city.
  • Follow up on crime cases handled by the police, prosecutor, court, or other similar crime investigation offices or government organs.
  • Prepare and submit weekly, monthly, quarterly & bi-annually and annually periodic performance reports.
  • Perform other related duties as assigned by the supervisor

Qualification

  • Education: BA Degree/Diploma in Social Science or related fields. Certification in police science is mandatory.
  • Experience: Minimum of 2/4 years relevant legal experience. Experience in the banking industry is advantageous

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