Credit and Recovery Manager

Job title : Credit and Recovery Manager

Job Location : Oyo Deadline : October 15, 2026 Quick Recommended Links

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Job Summary

• We are seeking an experienced Credit & Recovery Manager on behalf of our client to lead credit assessment, collections, recovery, and portfolio management.

Key Responsibilities

• Lead recovery of an ageing overdue portfolio and drive cash recovery targets.
• Reconcile and manage overdue accounts, including calls, field visits, demand letters, and legal escalation.
• Assess new and repeat credit applications using bank statements, cash flow analysis, credit bureau data, and trade references.
• Monitor portfolio performance and ensure timely escalation of overdue accounts.
• Manage credit control and credit bureau reporting.
• Supervise the Collections Officer and Data Entry Officer.
• Prepare weekly recovery and monthly portfolio reports.
• Develop and strengthen credit assessment and approval processes.

Requirements

• Bachelor's Degree in Accounting, Finance, Economics, Banking, or a related field.
• 5–8 years' experience in credit, collections, recovery, or credit risk.
• Minimum 2 years' supervisory experience in a similar environment.
• Proven track record in recovering overdue credit facilities.
• Strong SME credit assessment and financial analysis skills.
• Experience with credit bureau reporting, preferably First Central CRB.
• Advanced Excel skills.
• Strong analytical, negotiation, communication, and problem-solving skills.
• Yoruba proficiency is an advantage.
• Must be based in Ibadan or willing to relocate.
• Must currently be employed in a similar role.

Benefits

• Salary: N600,000 – N800,000 Gross Monthly + Commission & Performance Bonus
• OTE: N9M – N14M Annually.
• Uncapped recovery commission
• Collections commission
• Quarterly performance bonus
• HMO
• Pension
• 13th Month Salary
• Laptop & phone allowance
• Annual Leave