Credit Recovery Officer
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Job summary
The Credit Recovery Officer will be responsible for managing overdue accounts and implementing effective strategies to recover delinquent loans while minimizing default rates. This role involves engaging clients, negotiating repayment plans, and ensuring compliance with internal credit policies and regulatory standards.
Min Qualification:
Degree
Experience Level:
Entry level
Experience Length:
2 years
Language Requirement:
English
Working Hours:
Full Time - 9 to 5
Applicant Location:
Port Harcourt & Rivers State, Nigeria
Job descriptions & requirements
Responsibilities:
- Monitor and manage overdue and delinquent loan accounts
- Contact clients to follow up on outstanding debts and enforce repayment
- Negotiate repayment plans and restructure facilities where necessary
- Collaborate with the legal team on recovery actions when required
- Maintain accurate records of recovery activities and client interactions
- Provide support and guidance on credit control procedures
- Ensure compliance with company policies and regulatory requirements
- Prepare reports on recovery performance and portfolio status
- Perform additional duties as assigned
Requirements:
- Minimum BSC
- 2 years of previous experience in a similar role
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