Job Overview

Location
Lagos, Oyo
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
12522
Job Views
85

Job Description



Location: Ibadan, Oyo

Department: Finance


Job Description



  • Recovery Manager ensures end to end recovery process and ensures delivery against targets. Manager also provides insight and direction to the team.

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


What You’ll Do



  • Lead recovery activities across all cities and new location.

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

  • Reviews 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



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

  • 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 recoveries 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.


Benefits



  • Competitive pay & benefits

  • Premium Health insurance cover

  • Consistent Learning and Development.


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