Collection Supervisor at Transsnet Financial

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
59881
Job Views
115

Job Description



Job Description



  • We are seeking an experienced and results-driven Collection Supervisor to lead our collections team.

  • The Collection Supervisor will be responsible for developing and executing strategies to effectively manage and recover outstanding debts while maintaining strong customer relationships.


Key Responsibilities

Strategy Development:



  • Develop and implement effective debt collection strategies.

  • Continuously review and enhance collection processes to maximize recovery rates.

  • Analyze customer data to identify patterns and trends in delinquent accounts.


Team Leadership:



  • Lead and motivate the collections team to achieve targets and objectives.

  • Provide coaching, training, and performance feedback to team members.

  • Set clear performance goals and monitor team progress.


Portfolio Management:



  • Monitor and manage the company's loan portfolio.

  • Review and categorize delinquent accounts, implementing appropriate collection actions.

  • Establish and maintain appropriate collection policies and procedures.


Communication and Customer Relations:



  • Develop and maintain positive relationships with customers.

  • Handle escalated customer inquiries and complaints regarding collections.

  • Ensure compliance with regulatory guidelines while interacting with customers.


Reporting and Analysis:



  • Prepare regular reports on collection performance for management.

  • Analyze data to identify areas for improvement and implement corrective actions.

  • Monitor key performance indicators (KPIs) related to collections.


Legal Compliance:



  • Stay updated on relevant laws and regulations governing debt collection.

  • Ensure all collection practices are compliant with legal requirements.


Qualifications and Skills



  • Bachelor's Degree in Finance, Business Administration, or a related field (Master's degree is a plus).

  • Proven experience in collections management, preferably in a financial institution or fintech.

  • Strong leadership and team management skills.

  • Excellent communication and negotiation abilities.

  • Analytical mindset with the ability to interpret data and make informed decisions.

  • Knowledge of relevant laws and regulations governing debt collection.

  • Proficiency in using collection software and tools.

  • Strong organizational and problem-solving skills.


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