Credit and Recovery officer

Anonymous Employer

Job Summary

A digital bank based in Lekki is seeking to employ for the position of Credit and Recovery Officer

  • Minimum Qualification: OND
  • Experience Level: Entry level
  • Experience Length: No Experience/Less than 1 year

Job Description/Requirements

1) Approve loans within specified limits, and refer loan applications outside those limits to management for approval.

2) Meet with applicants to obtain information for loan applications and to answer questions about the process.
 
3) Analyze applicants' financial status and determine the feasibility of granting loans.

4) Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.

5) Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.

 6) Review and update credit and loan files.

7) Review loan agreements to ensure that they are complete and accurate according to policy.

8) Compute payment schedules.

9) Stay abreast of new types of loans and other financial services and products in order to better meet customers' needs.

10) Submit applications to credit analysts for verification and recommendation.

11) Handle customer complaints and take appropriate action to resolve them.

12) Negotiate payment arrangements with customers who have delinquent loans.
 
13) Market bank products to individuals and firms, promoting bank services that may meet customers' needs.

14) Supervise loan personnel.

15) Set credit policies, credit lines, procedures and standards in conjunction with senior managers.

16) Analyze potential loan markets and develop referral networks in order to locate prospects for loans.

17) Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action.

Important Safety Tips

1. Do not make any payment without confirming with the Jobberman Customer Support Team. 2. If you think this advert is not genuine, please report it via the Report Job link below.

Share Job Post

Log In to apply now

Activate Notifications Stay productive - get the latest updates on Jobs & News
Activate
Deactivate Notifications Stop receiving the latest updates on Jobs & News
Deactivate
Anonymous Employer
Lagos
| Full Time |
NGN 250,000 - 400,000
1mo
Lagos
| Full Time |
NGN 400,000 - 600,000
1mo
Anonymous Employer
Lagos
| Part Time |
NGN Confidential
1mo