Collections Officer
Job summary
The Collections & Recovery Officer is responsible for following up on customer repayments, recovering overdue accounts, negotiating payment plans, and maintaining accurate records. The role requires strong communication, professionalism, and a customer-focused approach to reduce delinquency and support business performance.
Job descriptions & requirements
Responsibilities:
- Follow up with customers on due and overdue payments through calls, emails, WhatsApp, and other approved channels.
- Negotiate repayment arrangements and ensure timely resolution of outstanding accounts.
- Monitor customer accounts and maintain accurate records of collection and recovery activities.
- Manage delinquent accounts and implement effective recovery strategies.
- Prepare collections and recovery reports, escalating high-risk accounts when necessary.
- Deliver excellent customer service while ensuring compliance with company policies and regulatory requirements.
Requirements:
- A minimum of a Bachelor's degree or HND in Finance, Accounting, Economics, Business Administration, or a related discipline.
- A minimum of 2 years' experience in collections, debt recovery, loan servicing, or a similar role, preferably within a fintech, financial institution, or lending company.
- Strong communication, negotiation and interpersonal skills.
- Ability to work independently, meet recovery targets and handle sensitive customer conversations professionally.
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