Head of Recovery at Moniepoint Inc.

What You’ll Get To Do

• Define resource requirements to optimize for quick fund recovery while maintaining reasonable levels of overhead cost
• Drive the recruitment of the recovery network in line with needs of the business by working with the recruitment team to properly define the required profiles and filtering through candidates to ensure we get the best hands
• Define recovery strategies, train and manage the recovery network to ensure maximum effectiveness
• Leverage data to continue to improve recovery processes and strategies with a goal to achieve peak recovery efficiency
• Monitor all loans in recovery and ensure effective execution of recovery strategies
• Analyze the loan recovery process to identify potential inefficiencies or bottlenecks
• Define the performance management process for all recovery officers, managers and other participants in the recovery process
• Work with business leaders to report trends and provide suggestions on ways to reduce the loans that fall into recovery or information that could aid the recovery management process used to support the business with a highly efficient recovery process when the need arises

To succeed in this role, we think you should have

• 10+ years of experience in debt recovery, credit management, or financial services, with a proven record of successful debt recovery.
• 5+ years of experience in leading the debt recovery function in a Nigerian financial institution
• Demonstrable knowledge of the Nigerian legal system and law enforcement system especially regarding recovery of debt
• Data analytical skills and a knack for capturing and using data to solve problems
• Proven ability to lead and mentor a debt recovery team, driving performance and fostering a results-oriented culture.
• Strong communication and negotiation skills to handle high-stakes interactions with debtors, clients, and legal entities
• Experience with credit or lending is an added advantage
• Ability to execute goals independently with little or no supervisio