Job Description
We are looking for a results-driven Loan Collection Officer to manage and recover overdue payments from borrowers. The role involves communicating with customers, negotiating repayment plans, and ensuring timely follow-up while maintaining professionalism and compliance.
Key Responsibilities
- Contact customers via phone, email, or in-person visits to follow up on overdue loan payments.
- Negotiate repayment plans or settlements in line with company policies.
- Record all collection activity and customer interactions in the system accurately.
- Monitor and track delinquent accounts, escalating complex cases as needed.
- Coordinate with legal or recovery agents where necessary for high-risk or non-cooperative cases.
- Educate borrowers on payment terms, consequences of non-payment, and available options.
- Ensure adherence to regulatory guidelines and internal compliance standards during all interactions.
Required Qualifications
- Strong communication, negotiation, and interpersonal skills.
- Ability to handle difficult conversations tactfully and professionally.
- Familiarity with loan management systems and collection tools.
- Basic understanding of finance and lending processes.
- Ability to work independently and under pressure.
Preferred Qualifications
- Experience with field collections (if applicable).
- Knowledge of local languages and cultural context.
- Candidates close to Ikeja and it's environs will be preferred
What We Offer
- Competitive salary and incentives
- Training and development opportunities
- A supportive and dynamic work environment