• Application Deadline:
• Position: Collections Lead



• Job Type Full Time



• Qualification BA/BSc/HND , OND



• Experience 4 years



• Location Lagos




• Job Field Sales / Marketing / Retail / Business Development 
  
  

Job Summary

• The Collections Lead is responsible for managing loan recovery activities and minimizing credit losses across the company’s loan portfolio


• . This role ensur


• es effective monitoring of delinquent accounts, execution of recovery strategies, and adherence to the company’s credit risk framework. The Collections Lead works closely with the Credit Manager and other internal teams to maintain portfolio quality, optimize profitability, and ensure compliance with internal policies and regulatory standards.

Key Duties and Responsibilities

• Underwrite and assess loan applications.


• Monitor all loans in default and take timely recovery actions.


• Contact and visit defaulting merchants to recover outstanding payments.


• Negotiate repayment plans or loan restructuring with defaulters on behalf of the company.


• Monitor the company’s overall credit exposure in line with approved credit risk limits.


• Assess the loan portfolio to identify potential default risks and recommend recovery strategies.


• Prepare and submit regular reports on merchant performance and loan portfolio status.


• Review and manage relevant internal and external communications related to credit and collections.


• Produce weekly and monthly reports on loan portfolio performance and profitability.


• Provide data and insights to verification and credit assessment teams to support aligned decision-making.


• Work closely with the Credit Manager to review business models and financial statements, and recommend risk mitigation measures.

Qualifications & Experience

• OND/HND/Bscin Finance, Accounting, Economics, Business Administration, or a related field.


• Minimum of 4 years’ experience in credit, collections, or risk management within a financial services or lending environment.


• Strong understanding of credit risk assessment, loan recovery processes, and portfolio management

Skills & Competencies:

• Strong negotiation and communication skills.


• Analytical and data-driven decision-making ability.


• Ability to manage multiple delinquent accounts effectively.


• High attention to detail and strong reporting skills.


• Sound judgment and problem-solving skills.


• Ability to work collaboratively with cross-functional teams.