Recovery Officer needed at Efficacy Construction Company

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Job title : Recovery Officer jobs in Lagos

Job Location : Lagos

Deadline : April 10, 2023

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Job Brief

  • We are recruiting to fill the position of Loan Recovery Officer who would be responsible for the administration and recovery of debts from clients.

Work Duties

  • Monitor overdue and defaulted debts daily to provide an update or recommendation to the upper manager timely.
  • Ensure compliance with the company credit Policy and Procedures regarding the management of the debt recovery process.
  • Maintain and prepare monthly collections reports, updates, and status.
  • Respond to clients’ complaints, and queries and escalate unresolved cases for supervisors’ review and advice.
  • Maintain a consistent reduction of non-performing debts through aggressive recoveries and viable restructuring options.
  • Initiate demand and reminder letters to all defaulting customers and review all credit files for proper documentation and monitoring.
  • Ensure effective compliance standards are consistently met with both internal and external regulatory requirements by working closely with legal departments.
  • Develop and continuously review credit policies and procedures ensuring their compliance.

Job Requirements / Qualification & Background

  • Degree in Accounting or any related field.
  • Minimum of 2 years experience working in a banking environment.
  • Strong analytical and problem-solving skills.
  • Must be very organised in order to handle multiple projects simultaneously.
  • High self-motivation with strong interpersonal skills.
  • Must have the ability to motivate and persuade others, particularly delinquent clients to repay debts.
  • Ability to meet and exceed monthly and quarterly quotas and deliverables.
  • Excellent communication skills.
  • Ability to communicate with local authorities and legal professionals in an appropriate manner.
  • Demonstrate a high level of ethical commitment and trustworthiness.

How to Apply for this Offer

Interested and qualified candidates should send their detailed CV to: using the Job Title as the subject of the email.

Note: Only successful candidates will be contacted.

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