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Job Vacancy: Debt Recovery Officer - Jobs/Vacancies - Nairaland

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Vacancy!!! Debt Recovery Officers / Job Vacancy: Debt Recovery Officer / Vacancy For Recovery Officer At FINCA Microfinance Bank (2) (3) (4)

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Job Vacancy: Debt Recovery Officer by ABBY9: 4:36pm On Sep 27, 2022
A consumer finance Institution is seeking to engage the services of young , vibrant , self driven and target oriented graduates for the job position below:

Job Title: Debt Recovery Officer
Location: Ibadan, Oyo state
Industry: Consumer Finance

Job Qualification: Bsc or HND in any discipline
Problem Solving Skills.
Demonstrable Communication Skills.
Self Motivated.

Must know how to drive and possess a valid drivers' license

Experience: 2 - 3 years in similar roles

Job Responsibilities:

1.Utilize various skip tracing techniques and collection strategies to locate the right parties in order to negotiate payment arrangements on high collectibility or value accounts.
2.Negotiate payment terms and methods when the right party is reached. The process often requires reviewing the account information in the database, and/or asking probing questions of the consumer in order to better understand potential objections to payment.
3.Overcome stalls and objections & suggest money sources for debt payment.
4.Utilize payment options (credit cards, direct checks) and secure this information so that administrative services can process.

5. Work closely with Branch Manager (BM) and Loan Officer (LO) to execute recovery techniques and strategies including, regular office and home visit , and collecting.
6.Negotiate settlements outside of normal guidelines, authorize credit bureaus deletions, negotiate payment arrangements over a longer span of time than normal, take accounts out of treatment (close accounts) within certain guidelines.
7.May advise management regarding collection strategy effectiveness for various portfolios.
8.May help resolve higher level disputes .


Deadline: 7-10-2022


Interested candidates can send their CV with Job Title and location as Subject to motionyieldrecruitment@gmail.com

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