Head, Recovery Unit at a reputable Micro Finance Bank

A top Micro Finance Bank in Nigeria, is recruiting to fill the below vacant position:

Job Title: Head, Recovery Unit

Location: Lagos

Main Responsibilities

  • Implement the best recovery strategies in line with the bank’s goal.
  • Implementing the loan recovery policies and procedures.
  • Ensuring proper monitoring of the loan portfolio bank wide.
  • Investigate and thoroughly understand borrowers’ problems, proffer solutions for resolving such delinquent loans.
  • Categorization of delinquencies and steps to be taken.
  • Liaise with unit heads on past due obligations and sending signals to the loan monitoring committee for further directives.
  • To manage and control all matters relating to delinquent client accounts (Unsecured, Secured) by constantly executing recovery procedures and ensuring appropriate actions are taken to full recovery.
  • Highlights and escalates any delinquent client history and ensure future loan request are declined.
  • Ensures healthy portfolio management and benchmark PAR against regulatory standard.
  • Perform administrative work or other job functions related to recoveries.
  • To monitor accounts daily in the allocated queues and effectively utilize the bank’s recovery software systems in line with approved recovery strategies.
  • Overall supervision of the loan recovery department.

Qualifications

  • Applicant must not be more than 40 years.
  • Good Degree in relevant field.
  • Candidate must have 5 to 7 years working experience.
  • Applicant must have managed a portfolio of N1.5billion Naira.
  • Candidate must have undergone series of training in loan recovery and portfolio management.

Skills:

  • Focused & proactive individual able to effectively communicate ideas.
  • Persistent and dedicated to recovery.
  • Creative and able to come up with recovery templates.
  • Strong report writing and supervisory skills.
  • Analytical with accurate eye for detail.
  • Computer literate.
  • Ability to work long hours.
  • Strong customer relation skill.
  • Working knowledge of company, industry & banking guidelines & regulations.
  • High level of interpersonal and communication skills with strong listening & negotiating abilities.

Appication Closing Date
21st April, 2017.

How to Apply
lnterested and qualified candidates should send their CV’s and Cover Letters to: headofrecoverydepartment@gmail.com

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