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  • Posted: Mar 16, 2017
    Deadline: Mar 24, 2017
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    Citygate Consumer Credits (3C) is a product of Citygate Global, a registered money lending company with Head Office in Lagos. The product was designed to take care of personal need of professionals (salary earners) and small scale businesses especially those that lack access to credit facilities from our financial institutions. We have minimum processing ...
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    Recovery Officer

    Job Description

    • To come up with effective recovery strategies
    • Create a recovery management environment of an acceptable quality in terms of established credit guidelines
    • Interact with customer to obtain additional credit information
    • Check for credit viability on request for extended terms and evaluate various adjustment
    • Maintain bad debt recovery records
    • Negotiate payment programs with delinquent customers
    • Monitor violations of credit policies, provide analysis conclusion and recommendation
    • Tracking of various stages of past due obligation and alerting management of the required step that must be taken to ensure full recovery in line with our recovery process
    • Loan /remedial management that is factoring in the interest till date and restructuring plan
    • Generating the outstanding for Non-performing loan through the software
    • Work with Relationship Manager during transition to recovery to gain in sight in the history of the loan
    • Actively monitor the financial performance of all loan within the officer assigned portfolio
    • Work with the legal and remedial team at the head office throughout the legal process if any, and provide direction as required
    • Conduct credit check on customers

    Qualifications Required

    • Must have at least 2 years' experience in related functions.
    • Evidence of professional qualifications will be an added advantage
    • University Degree or Higher National Diploma in a related discipline.
    • Problem solving and good negotiation skills is required
    • Good knowledge of Microsoft Excel
    • Good Track Record on Recovery

    Method of Application

    Applicants should send their CV's and cover letter to: hr@citygateglobal.com

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