Job summary

The recovery officer will be responsible for managing delinquent accounts, implementing recovery strategies, and minimising loan losses while maintaining professional relationships with customers and relevant stakeholders.

Min Qualification: Degree Experience Level: Mid level Experience Length: 4 years Language Requirement: English Working Hours: Full Time - 8 to 5 Applicant Location: Abuja, Nigeria

Job descriptions & requirements

Responsibilities:
  • Manage and recover non-performing loans and overdue accounts.
  • Develop and implement effective debt recovery strategies.
  • Negotiate repayment arrangements with customers.
  • Monitor recovery performance and prepare reports.
  • Liaise with external recovery agents, solicitors, and regulatory bodies where necessary.
  • Conduct investigations and skip-tracing activities.
  • Recommend restructuring and write-off options where appropriate.
  • Maintain accurate documentation and records.
  • Support initiatives aimed at improving portfolio quality.

Requirements:
  • Bachelor's degree in accounting, banking and finance, economics, business administration, or a related field.
  • ACA, ACCA, ACIB, or related certifications will be an added advantage.
  • Minimum of 4 years' experience in loan recovery, collections, credit administration, or related functions within a bank, finance company, microfinance bank, or fintech.
  • Strong negotiation and debt recovery skills.
  • Knowledge of credit risk management and loan recovery processes.
  • Excellent communication and interpersonal skills.
  • Ability to work under pressure and meet recovery targets.
  • Proficiency in Microsoft Office applications.
  • High level of integrity and attention to detail.


Location: Abuja


Remuneration: NGN 509,500.32 Monthly Net

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