Senior Recovery Officer HND / BA / BSc Job
2024-06-18 12:05 Accounting / Financial Services Lagos 80 viewsJob Details
Job Description
Develop, implement, and manage effective recovery strategies for delinquent loans, ensuring timely follow-up and resolution.
Conduct detailed analysis and reporting on recovery activities and performance, and collaborate with the credit team to identify and mitigate risk factors.
Negotiate payment arrangements and settlements with clients in arrears, maintaining positive client relationships throughout the process.
Ensure compliance with legal and regulatory requirements in all recovery activities, and maintain accurate records of recovery actions and client interactions.
Provide training and support to junior recovery officers and other team members, while continuously reviewing and improving recovery policies and procedures.
Requirements
A minimum of First Degree in Finance, Business Administration, Economics, or related field from a reputable University.
Minimum of 8 years work experience in loan recovery, credit management, or a similar role in the financial service sector (strictly Microfinance Banks), with at least 4 years in a senior level and sales role in a structured organization.