Recovery Officer needed at Credpal

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Credpal’s job vacancy, Career and Recruitment

Job title : Recovery Officer jobs in Lagos

Job Location : Lagos

Deadline : June 25, 2022

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Purpose Statement

We are looking to hire a very proactive debt recovery officer who is responsible for providing support to the organization with particular emphasis on the collection of revenue and management of finance. The position liaises directly with clients, issues notices, negotiates outstanding payments and where necessary initiates recovery action.

The Debt Recovery Officer is responsible for the administration and implementation of the debt recovery process.

Key Deliverables: 

  • Recovery of classified loans.

  • Conduct regular reviews and visits to clients with outstanding loan portfolios at risk.

  • Daily review of all the outstanding and overdue loan clients.

  • Initiate process to prosecute hardcore debtors in line with guiding policies and within the acceptable legal framework.

  • Contact relevant employers with outstanding debts in line with policy and procedures.

  • Negotiate, set up, and monitor payment arrangements in accordance with delegations and procedures.

  • Contact debtors by telephone, letter, email or fax, to agree debt recovery plans and follow up as appropriate.

  • Reviewing documentation (all aspects of contract) to assess liability, identify contract issues and judge recoverability.

  • Using knowledge and initiative to reach amicable solutions to recovering debts from clients, taking into account the circumstances of the case.

  • Establish repayment schedules, monitoring repayment of debts, and adherence by debtors to installment schedules.

  • Researching debtor companies, assisting in researching laws and procedures to provide written advice to clients.

  • Maintain statistics on recoveries.

  • Negotiate workout plan or loan rescheduling with willing debtors

Preferred Qualification:

  • BSc/HND in Accounting, Banking & Finance, Economics, Statistics and other related fields.

  • 2-4years experience in debt recovery in the financial sector.

Preferred Requirements:

  • Must possess strong negotiating skills.

  • Articulate and result oriented.

  • High level of integrity.

  • Accurate, organized, and motivated.

  • Previous successful loan recovery experience.

  • Strong planning and organizational skills.

  • Good time management.

  • Strong communication skills (both written and oral) and an excellent telephone manner.

  • Appropriately assertive manner to deal with debtors and clients.

  • Proactive and ability to take initiative.

  • Able to work within a team as well as independently.

  • Ability to handle pressure and tight deadlines.

  • Natural ability to interact with people from various backgrounds and various levels.

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply online

Recovery Officer job vacancy in Nigeria, Recovery Officer job vacancy in Lagos, Accounting / Financial Services jobs in Lagos

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