• Application Deadline: Mon, 25 Mar 2024 00:00:00 GMT
• Position: Loan Monitoring and Recovery Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience


• Location Lagos


• City Lekki


• Job Field Sales / Marketing / Retail / Business Development 
  

Description

• Monitor Loan disbursement and payment to eliminate loan defaults


• Analyze potential loan markets and develop referral networks in order to locate prospects for loans.


• Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action (Recovery)


• Arrange for presentation of Guarantor’s cheques for delinquent loans


• Call, visit, and send periodic reminders to loan customers on scheduled repayments.


• Conduct post-disbursement spot checks on customers to confirm loan performance and utilization.


• Maintain PAR level in compliance with CBN regulations


• Follow up with account officers to reconcile payments received and real-time transaction postings


• Presentation of repayment cheques


• Negotiate payment plans with defaulters.