Experienced Recovery Officer

Job Mission

• Recover bad debts from debtors who show unwillingness to pay back the loan taken.

Responsibilities

• Conduct regular review and visits to clients with outstanding loan portfolios at risk.
• Daily review of all the outstanding and overdue loan clients.
• Make regular reports and suggestions to the bank on actions required to protect its fund from bad loan clients.
• Recovery of classified loans.
• Initiates process to prosecute hard core debtors in line with guiding bank policy,
• Negotiate work out plans with willing debtors.
• Liaise with branches to manage and monitor non - performing loans.
• Any other responsibilities that may be assigned by the immediate supervisor.

Educational Qualifications

• Candidates should possess a B.Sc or HND
• Must have completed NYSC
• Previous work Experience or training in recovery (Preferably in an MfB or a commercial Bank)

Required skills/Experience:

• Fluent in English and Hausa or Yoruba (spoken and written)
• 1 - 3 Years of experience in Recovery in a Microfinance Institution
• Strong negotiation
• Articulate and result oriented
• High level of integrity
• Accurate, organized and motivated
• Previous loan recovery experience
• Status Local contract with Nigerian MFB.