Your Role

The Legal Recovery Team (LRT) Officer is responsible for managing delinquent and non-performing auto loan accounts through collection, recovery, repossession, and litigation activities. The role focuses on maximizing recoveries, reducing non-performing loans (NPLs), and ensuring that appropriate legal and recovery actions are taken to protect the Bank's interests.

Your Impact

Manage and recover assigned delinquent and non-performing auto loan accounts through collection and negotiation efforts.
Conduct field visits, borrower tracing, account investigations, and collection activities to secure payments and recover assets.
Negotiate repayment arrangements, secure Promises-to-Pay (PTPs), and facilitate voluntary surrender of collateral units.
Coordinate repossession activities, including borrower negotiations, unit inspections, documentation, and warehouse turnover.
Evaluate accounts and recommend appropriate recovery actions, including litigation, replevin, collection cases, and other legal remedies.
Work closely with courts, sheriffs, law enforcement agencies, external collection agencies, and other stakeholders in implementing recovery actions.
Monitor endorsed accounts and maintain accurate records, documentation, and collection activities within the collection system.
Support the Bank's asset quality objectives by improving recovery rates and minimizing loan losses.

Your Profile

College graduate.
Experience in collections, recovery, repossession, legal recovery, account management, or related banking functions is an advantage.
Strong negotiation, investigation, and problem-solving skills.
Comfortable performing fieldwork and interacting with various stakeholders, including borrowers, government agencies, law enforcement units, and legal partners.
Able to work independently, manage priorities, and make sound decisions in challenging situations.
Resilient, resourceful, and highly driven to achieve recovery objectives.

What's In It For You

Gain exposure to legal recovery, asset management, collections, and litigation processes within the banking industry.
Work with diverse stakeholders including courts, law enforcement agencies, external partners, and business units.
Develop valuable skills in negotiation, investigation, conflict resolution, risk management, and recovery strategy.
Be part of one of the leading financial institutions in the region and contribute directly to the Bank's portfolio quality and business sustainability.
Expand your professional network and build a career path in Asset Quality Management, Collections, Recovery, and Financial Services.
Perfect for individuals who enjoy solving complex cases, working in the field, and making a measurable impact.

Legal Recovery Team Officer - Ilo-ilo