Debt Recovery & Compliance Officer at Fort Knox Group

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 month ago

Additional Details

Job ID
144056
Job Views
41

Job Description






Key Responsibilities

Debt Recovery:




  • Follow up on overdue accounts through calls, emails, and field visits.

  • Negotiate repayment terms and restructuring arrangements with delinquent customers.

  • Develop and implement effective recovery strategies to minimize portfolio at risk (PAR).

  • Prepare and issue demand notices and escalation letters.

  • Maintain accurate records of recovery activities and customer communications.

  • Liaise with legal teams on cases requiring litigation or enforcement action.

  • Monitor repayment plans and ensure strict adherence.



Compliance:




  • Ensure all recovery activities comply with company policies and regulatory requirements.

  • Monitor adherence to internal credit and risk management procedures.

  • Conduct compliance checks on credit documentation and loan files.

  • Prepare periodic compliance and recovery reports for management.

  • Identify gaps in processes and recommend corrective actions.

  • Stay updated on CBN guidelines, NDPR, and other applicable financial regulations.



Requirements




  • Bachelor’s degree in Finance, Accounting, Business Administration, Law, or related field.

  • 4–6 years’ experience in debt recovery, credit control, risk management, or compliance.

  • Strong knowledge of Nigerian financial regulations (CBN guidelines is an advantage).

  • Excellent negotiation and communication skills.

  • High level of integrity and attention to detail.

  • Proficiency in Microsoft Office (Excel, Word).

  • Ability to work under pressure and meet recovery targets.



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