Legal Officer / Recovery Manager at Elizabeth Maddeux

Description

• The Legal Officer will support the organization’s debt recovery efforts by managing delinquent loan accounts, coordinating enforcement actions, and ensuring all recovery activities comply with applicable laws and internal policies.
• The role requires a practical understanding of loan recovery processes, legal documentation, and collaboration with external solicitors to minimize credit losses and improve recovery outcomes.

Key Responsibilities
Loan Recovery & Collections:

• Support the execution of recovery strategies for overdue and non-performing loans.
• Follow up on delinquent accounts and engage borrowers to drive repayments.
• Negotiate and structure repayment plans in line with company policies.
• Monitor assigned loan portfolio and escalate high-risk cases when necessary.
• Maintain accurate records of recovery activities and borrower communications.
• Prepare periodic recovery status reports.

Legal Coordination & Enforcement:

• Assist in initiating recovery actions, including demand notices and enforcement steps.
• Coordinate with external solicitors on litigation and recovery cases.
• Track ongoing legal cases and ensure timely follow-ups.
• Support collateral documentation review and basic due diligence checks.

Compliance & Documentation:

• Ensure recovery activities comply with internal policies and regulatory requirements.
• Assist in reviewing loan and recovery-related documents for accuracy and completeness.
• Maintain proper documentation and filing of legal and recovery records.

Internal Collaboration:

• Work closely with the credit and operations teams to resolve delinquent accounts.
• Provide basic legal input on recovery-related matters when required.

Qualifications & Experience

• Bachelor of Laws (LL.B) and Barrister-at-Law (BL) qualification.
• 3–5 years post-call experience in legal practice, recovery, or credit administration.
• Experience in a financial institution, microfinance bank, or law firm is an advantage.
• Basic understanding of debt recovery processes and loan documentation.

Core Competencies:

• Good negotiation and communication skills.
• Basic knowledge of debt recovery and enforcement processes.
• Attention to detail in documentation and case tracking.
• Ability to manage multiple cases with supervision.
• Professionalism and integrity.