• Application Deadline:
• Position: Loan Recovery Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 1 - 2 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Summary

• The Loan Recovery Officer will be responsible for the recovery of delinquent loan accounts through structured field engagements and customer interactions.


• The role ensures timely recovery of outstanding obligations in line with the Bank’s credit, recovery, and regulatory policies, while maintaining professional and ethical standards.

Key Responsibilities

• Conduct field visits to customers with delinquent loan accounts to facilitate recovery of outstanding amounts.


• Engage customers professionally to assess repayment capacity and agree on feasible repayment plans.


• Monitor and follow up on repayment commitments to ensure compliance with agreed terms.


• Accurately document all recovery activities, customer engagements, and outcomes on approved systems.


• Identify high-risk and non-performing accounts and escalate in accordance with the Bank’s recovery procedures.


• Ensure all recovery activities comply with internal policies, CBN regulations, and relevant laws.


• Collaborate with internal teams to achieve assigned recovery targets.

Requirements

• Bachelor’s degree in Business Administration, Finance, Economics, or a related discipline.


• Minimum of 1–2 years’ experience in loan recovery, debt collection, or a similar role within a financial institution or MFB.


• Sound knowledge of loan recovery processes and applicable regulatory guidelines.


• Strong negotiation, communication, and interpersonal skills.


• Ability to work independently, manage multiple accounts, and meet recovery targets.


• Proficiency in basic computer applications and reporting tools.

Personal Attributes:

• High level of professionalism, integrity, and confidentiality.


• Results-driven with strong attention to detail.


• Ability to work under pressure and within defined policies.


• Good judgement and customer-focused approach.