Vacancy for a Loan Recovery Officer at a Micro-finance Bank

 Employment Nigeria 08-Jun-2017 LAGOS , Banking and Finance  

POSITION : Loan Recovery Officer

Responsibilities

  • Ensure healthy loan portfolio management and ensure portfolio quality meets regulatory standards.
  • Investigate and thoroughly understand borrowers’ challenges and proffer solutions for resolving such delinquent loans.
  • Take ownership of assigned delinquent portfolio
  • Follow up on defaulting clients on previous payment arrangement
  • Maintain comprehensive and up-to-date records of defaulting clients with actions taken and the next course of actions.
  • Perform administrative work or other job functions related to recoveries.
  • Achieve the required threshold on past due obligations on assigned portfolio
  • Execute the loan recovery policies and procedures on assigned portfolio
  • Ensure proper monitoring of the loan portfolio
  • Negotiate repayment terms with defaulting clients

 Qualification

  • 2-3 years cognate experience in loan recovery in a properly structured Microfinance Bank
  • B.Sc/HND in a Numerate discipline or the Social Sciences.
  • Knowledge of banking laws and regulatory practices.
  • Strong Negotiation Skills.
  • Communication, reporting,& interpersonal skills.
  • Not be more than 35 years.

How To Apply
Candidates should send their CV's to:toptalentpositions@gmail.com



Sorry the application deadline for this job has elapsed



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