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  • Loan Recovery Officer at Rigo Microfinance Bank Limited at Rigo Microfinance Bank Limited

  • Posted on: 8 November, 2019 Deadline: 15 November, 2019
  • View Jobs in Banking / Financial Services View All Jobs at Rigo Microfinance Bank Limited
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  • Rigo Microfinance Bank Limited - We deliver unequaled financial services through well trained and friendly workforce; helping individuals meet their financial goals and supporting micro, small and medium enterprises to grow.

    We are recruiting to fill the position below:

    Loan Recovery Officer at Rigo Microfinance Bank Limited


    Job Duties

    • Recovering bad debts from delinquent debtors.
    • Ensure collections of due payments from delinquent clients(31- 90 Days).
    • Recovery officers and 91days above DCO.Negotiation of repayment with delinquent clients and guarantors with approval.
    • Working with Credit Controllers to contact debtors to pursue payment.
    • Devising customized recovery strategy on a case-by-case basis
    • Reducing the non-performing loans owed to a company.
    • Designing work-out payment plans for debtors
    • Following up with clients on previous payment arrangements.
    • Locating and establishing contact with debtors.
    • Maintaining accurate, up-to-date customer account information.
    • When necessary liaising with solicitors and bailiffs.
    • Negotiating settlements with clients.
    • Taking ownership of debt collection cases.
    • Maintaining appropriate and comprehensive records of all customer discussions.
    • Reporting daily progress against targets to the Team Leader.


    • Min Required Experience: 2-5 year(s)
    • Educational Qualification: HND/BSc

    Other Requirements:

    • Candidate Must live in Ibeju-lekki environs. Specific locations include Ajah, Sangotedo, Awoyaya and Lakowe.
    • Proven experience as a recovery officer.
    • 2-5 years experience
    • Previous banking experience is a plus
    • Prefarably male
    • Outstanding organizational and time-management abilities
    • Excellent communication and interpersonal skills
    • Problem-solving and decision-making aptitude
    • Strong ethics and reliability.

    Areas of Expertise:

    • Debt Collection
    • Issue Resolution
    • Numerical and well organized.

    Very Attractive.

    Method of Application

    Interested and qualified candidates should send their CV to: Using the "Job Title" as the subject of the mail.

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