What you’ll do & Responsibilities

Loan Recovery Officer to be responsible for collecting loans, delinquent, bad debt including written-off loans and loans overdue more specified days with compliance with acceptable common practices aligned with legal framework requirement.



Locations: Abuja, Ogun, Oyo.



DUTIES & RESPONSIBILITIES


• Formulate plan of detail actions of written off loans from previous and current years.
• Set out the detail actions and target of loan collections and recoveries down to all the concerned account officers.
• Identify and assess a recovery likelihood of loan write off clients, rating Low, Medium, or High.
• Work closely with Branch Manager (BM) and Loan Officer (LO) to execute recovery techniques and strategies including, regular office and home visit and chasing, and collecting.
• Try to get all the loan write off clients to have commitments with and to get them to follow their pledge.
• Seek ways to continuously improve performance and productivity on the job.
• Work closely with the Collections and Recovery Manager, Regional Managers, Branch Managers and Sales Officer to identify root cause of loan delinquency, operational weaknesses and recommend changes to improve the quality of the portfolio.
• Other tasks as assigned by supervisor.

REQUIREMENT COMPETENCIES

• University degree from any related field is preferred.
• 2 years’ and above experience in microfinance operations directly dealing with delinquent clients and other problem-solving situations.
• Must have strong analytical and problem-solving skills.
• Must have good computer literacy and email.
• Must be fluent in the English language (both written and spoken).
• Must have the ability to make fair and ethical decisions in tough circumstances.
• Must be very organized in order to handle multiple projects simultaneously.
• High self-motivation with strong interpersonal skills.
• Must have the ability to motivate and persuade others, particularly delinquent clients to repay debt.
• Abilities to communicate with local authorities and legal / court members in an articulate and professional manner.
• Demonstrate high level of ethical commitment and trustworthiness.

Interested and qualified candidates should send their CV to: motionyieldrecruitment@gmail.com using the Job Title and preferred location as the subject of the mail.

Pay?