Recovery Supervisor - Lagos at Max.ng

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
109877
Job Views
46

Job Description






Recovery Supervisor ensures end to end recovery process and ensures delivery against targets. The supervisor also provides insight and direction to the team.



This position will demonstrate the ability to lead and train others.



What You’ll Do (Job Description):




  • Lead recovery activities across all cities and new locations.

  • Handles special credit arrangements and deviations from standard terms of payment.

  • Review debt recovery process’s effectiveness and policies.

  • Select and manage an effective process of outsourcing seriously past due accounts referred monthly to external debt agency services by analyzing the selection, monitoring the collection performance and assuring a reasonable rate of return.

  • 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



What You’ll Need (Skills Requirement):




  • 3-5+ years of proven experience with at least one year in a supervisory role and credit 

  • Asset recovery/insolvency background

  • Strong execution skills

  • Ability to effectively communicate with 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.



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