• Application Deadline: Mon, 16 Jan 2023 00:00:00 GMT
• Position: Debt Recovery Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 - 5 years


• Location Lagos , Rivers


• Job Field Finance / Accounting / Audit 
  

Job Description

• Utilize various skip tracing techniques and collection strategies  to locate the right parties in order to negotiate payment arrangements on high collectibility or value accounts.


• Negotiate payment terms and methods when the right party is reached. The process often requires reviewing the account information in the database, and/or asking probing questions of the consumer in order to better understand potential objections to payment.


• Overcome stalls and objections & suggest money sources for debt payment.


• Utilize payment options (credit cards, direct checks) and secure this information so that administrative services can process.


• Work closely with Branch Manager (BM) and Loan Officer (LO) to execute recovery techniques and strategies including, regular office and home visit , and collecting.


• Negotiate settlements outside of normal guidelines, authorize credit bureaus deletions, negotiate payment arrangements over a longer span of time than normal, take accounts out of treatment (close accounts) within certain guidelines.


• May advise management regarding collection strategy effectiveness for various portfolios.


• May help resolve higher level disputes .