Debt Recovery / Credit Manager at Winock Solar Nigeria Limited

Location: Head Quarter, Abuja (FCT)
Department: Credit Department
Reports to: Head of Winock Lending
Supervises: Credit Analyst & Recovery / Repossession Officers

Job Objective

• Oversee the company’s lending process, creating credit scoring models, setting loan terms and determining interest rates; minimize bad debts and increase revenues from loans.

Key Responsibilities
The Job responsibilities include without limitation, the following:
Debt Recovery:

• Recover bad debts from delinquent debtors.
• Obtain delinquent reports for all assigned defaulting portfolios and manage the recovery process.
• Reduce the non-performing loans
• Design work-out payment plans for debtors
• Develop options and alternatives that guarantee an effective recovery process, by devising customized recovery strategies on a case by case basis.
• Respond and enforce the firm's policy issues to clients, such as fraud, breach of contract etc.
• Maintain appropriate and comprehensive records of customer discussions.
• Manage all assets (vehicles, income-generating assets, personal assets and inventories) presented for repossession in line with the firm's processes and procedures.
• Maintain confidentiality while handling customer enquiries and information.
• Deliver high quality, efficient, responsive and professional service during the recovery process that portraits the firm's ethical conduct.

Credit Manager Responsibilities:

• Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing and annual due diligence.
• Acts as a liaison between financial institutions, individuals and businesses applying for loans , as well as process loan application
• Research and evaluate clients’ creditworthiness
• Present analysis, findings, and recommendations to managers, especially findings that involve a borrower’s ability to repay
• Create credit scoring models, both mathematical and statistical ones that directly relate to the risk being measured or predicted risk.
• Approve or reject loan requests, based on credibility and potential revenues and losses
• Calculate and set interest rates
• Monitor payments

Qualifications and Experience

• Graduate (BSc) Degree or HND in any field.
• Having field work experience with a minimum of 5 years of experience
• Having relevant experience is an added advantage.

Functional Competencies and Skills:

• Effective communication / interpersonal skills with people at all levels, including the ability to use tact, diplomacy and persuasiveness
• Strong leadership negotiation and problem-solving skills
• Detailed knowledge of required documentation and a thorough knowledge of Lien Laws that govern the transactional relationship between the Customer and the Company
• Knowledge of contract payments
• Understanding of financial and debt analysis
• Knowledge of micro, small and medium enterprise market.
• Attention to details and analytic skill
• Effective Time Management skills
• Effective communication skills
• Confidentiality and ethical attributes
• Working knowledge of Microsoft office suite
• Customer relationship management skills
• Working knowledge of Business and CRM software specifically SugarCRM and Quickbooks.

Salary

• N150,000 monthly.