• Application Deadline:
• Position: Head, Recovery


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 - 10 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

• Lead recovery activities across all branches and new locations.


• Reviews the debt recovery process’s effectiveness and policies.


• Execute all asset recovery logistics with applicable external service providers (e.g., repossession companies, bailiffs, external legal counsel, auctioneers) against budget and effectively troubleshoot unforeseen issues/problems that may arise.


• Engage with guarantors to negotiate reasonable settlements on post-recovery shortfall amounts and/or collaborate with legal/external counsel in executing the legal strategy of asserting and enforcing legal claims.


• Ensure training plans and documentation are up to date and in place for collections of receivables and applications.


• Staff Development: Involvement in the career development of the team and any staffing decisions.


• Leadership: effectively lead, manage, and develop collections teams across current and new city launches.

Requirements

• 5 - 10 years of proven experience with at least 4 years in a managerial role and credit within a microfinance setting.


• Asset recovery/insolvency background


• Strong execution skills


• Ability to effectively communicate to different audiences in different functions in multiple geographic locations.


• Knowledge of Credit Risk fundamental principles and their application to collections and recovery strategy


• Strong Excel skills, especially with pivot tables and data manipulation/presentation


• Exceptional organizational, time management, and problem-solving skills


• Must be able to perform independently, be self-motivated, and demonstrate initiative.


• Ability to work on big data and generate insight for decision-making.