• Application Deadline:
• Position: Loan Recovery Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 2 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Summary

• We are looking for a result-driven and persuasive Loan Recovery Officer to join our team.


• In this role, you will be responsible for monitoring delinquent accounts, developing effective recovery strategies, and ensuring timely repayment of loans.


• You will play a key part in maintaining a healthy loan portfolio and minimizing credit losses.

Key Responsibilities

• Follow up with clients on overdue payments via phone calls, emails, and field visits


• Negotiate repayment plans and ensure prompt recovery of outstanding loans


• Monitor repayment trends and identify early warning signs of default


• Maintain accurate records of all collection activities and agreements


• Escalate high-risk accounts and recommend appropriate recovery actions


• Collaborate with the credit and legal team to initiate legal proceedings when necessary


• Provide periodic reports on recovery performance and trends

Requirements

• Bachelor’s Degree in Finance, Accounting, Business Administration, Economics or a related field


• Minimum of 2 years of experience in loan recovery or collections (preferably in a microfinance or fintech environment)


• Strong communication and negotiation skills


• Ability to remain professional and calm under pressure


• High level of integrity, persistence, and resilience


• Familiarity with loan management systems is an added advantage


• Willingness to conduct field recovery visits when necessary.