• Application Deadline:
• Position: Recovery Manager



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 3 - 4 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Must have skills

• Good analytical skills


• Excellent negotiation skills


• High-level influencing and interpersonal skills


• Excellent critical thinking and solution-oriented


• Must be street savvy and conversant with Lagos envi


• Must be efficient in follow up for Debt repayment


• Good knowledge of Credit Portfolio monitoring activities.

Qualification and Experience

• Minimum of HND or Degree from any reputable University or Polytechnic.


• Minimum of 3-4 years working experience in Loan and Debt Recovery service.


• Hands-on experience working in a Microfinance and/or FINTECH space


• Strong planning, organizational and time management abilities


• Experience in database Management.

Responsibilities.

• Follow up with major debtors to resolve Loan repayment challenges before default.


• Ensure and enforce repossession/recovery of Assets and properties of defaulting Loan


• Monitor Loan Portfolio of the Bank for the purpose of resolving issues with NPL (Non Performing Loans) and scaling down the overall Portfolio at Risk of the Bank.


• Carry out regular calls, site and follow up visits, to implement remedial strategies and action plans agreed with the Team Lead.


• Raise and tender Demand Notices to defaulting customers of the Bank


• Provide progress reports on interactions with Loan Customers in respect of Loan repayment status.


• Monitor and obtain background information and feedback on all accounts assigned to the Assets & Recovery Agencies to ensure Accounts allocated to them are fully recovered.


• Monitoring and recovery of past due and expired Loans in the Bank.


• Preparation and recommendation of strategies for recoveries on major assigned accounts to the management.


• Negotiation of suitable repayment plans with defaulting Customers who are willing but unable fully repay their past due obligations in one instalment.


• Expand and maintain the customer base of the firms debt recovery team


• Have an appropriate level of knowledge of all clients’ business, background and circumstances and fully understand the client requirements.


• Issue County Court judgments, prepare and issue Statutory Demands, as well as enforcing money judgments outside of jurisdiction and bankruptcy petitions, winding up petitions and applications for carriage.


• Maintain high standards of financial management and record keeping.


• Maintain up to date knowledge and understanding of appropriate regulations and internal policies and procedures in relation to debt recovery.