• Application Deadline:
• Position: Recovery Manager



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 7 - 10 years



• Location Lagos




• Job Field Hospitality / Hotel / Restaurant 
  
  

Job Summary

• The Recovery Manager is responsible for managing the bank’s delinquent loan portfolio, driving effective collections and recovery strategies, and minimizing credit losses.


• The role focuses on reducing Portfolio at Risk (PAR) and Non-Performing Loans (NPLs), while ensuring compliance with regulatory standards and maintaining positive customer engagement where possible.

Key Responsibilities

• Develop and implement recovery strategies for overdue loans


• Manage and supervise recovery teams and field collectors


• Drive collections and recovery performance across all loan segments


• Oversee legal recovery and repossession processes


• Monitor portfolio performance and provide recovery reports


• Collaborate with Credit, Risk, and Operations teams

Key KPIs

• Recovery Rate


• Reduction in PAR & NPL


• Amount Recovered vs Target


• Cost of Recovery

Requirements

• 7–10 years experience in credit/recovery (microfinance or banking) in Recovery


• Strong leadership, negotiation, and analytical skills


• Knowledge of CBN regulations and lending practices