Recovery Officer at Microcred Group

Reporting to: The Head of Recovery unit / Assistant Head of recovery unit

Job Description

• Recover bad debts from debtors who shows unwillingness to pay back the loan taken.
• Conduct regular review and visits to client with outstanding loan portfolio at risk.
• Daily review of all the outstanding and overdue loan clients.
• Make regular reports and suggestions to the bank on actions required to protect its fund from bad loan clients.
• Recovery of classified loans.
• Initiates process to prosecute hard core debtors in line with guiding bank policy,
• Negiotes work out plan with willing debtors.
• Liaise with branches to manage and monitor non - performing loans.
• Any other responsibilities that may be assigned by immediate supervisor.

Required skills / Experience

• Must be have at least 1 - 5 years experience in the aspect of Loan recovery.
• Fluent in English and Hausa or Yoruba (spoken and written).
• Strong negotiation
• Articulate and result oriented
• High level of integrity
• Accurate, organised and motivated
• Status Local contract with Nigerian MFB.