Loan Recovery Officer at Alert Microfinance Bank

Alert Microfinance bank is a leading financial service provider with core mandate of providing affordable, flexible financial and non-financial services to micro-entrepreneurs in Nigeria.

We are recruiting to fill the position below:

Job Title: Loan Recovery Officer

Location: Lagos
Employment Type: Full-time

Job Summary

• Loan officers are responsible for collections of due payments from delinquent customers, recover fully provisioned or written-off credit and rehabilitate other impaired credit.

Job Description

• Devise customized recovery strategy on a case by case basis, reducing the non-performing loans owed by customers
• Minimizing customer response times by issuing reminder notices and customer statements and monitoring collection of debts in a timely manner
• Negotiating with clients on arrangements regarding payments and making recommendations to management to ensure departmental guidelines in relation to installment agreements and the processing of monies received are adhered to
• Contribute to the achievement of team and organizational objectives
• Visit delinquent customers for recovery of loans, agree debt recovery plans and follow up as appropriate
• Reviewing documentation (all aspects of contract) to assess liability, identify contract issues and judge recover ability
• Establish repayment schedules, monitoring repayment of debts, and adherence by debtors to installment schedules.

Key Requirements

• A minimum of B.Sc / HND in Accounting, Banking & Finance, Economics, Statistics and other related field
• Minimum of 3 / 5 years cognate experience from a reputable Microfinance Bank.
• Sound Risk Management experience
• Good knowledge of Lagos Island and Mainland
• Ability to recover loans in large volumes without default
• Experienced in repayment tracking and loan collection without a day default

Skills:

• Enthusiastic and highly focus
• Excellent team spirit and communications skills
• Excellent Human Relations and Inter-personal skills
• Goal oriented.

Deadline: 9th August, 2021.

Method of Application:
Interested and qualified candidates should send CV to: hr@alertmfb.com.ng using “Recovery Officer” as the subject of the email.

Note: Only qualified candidates will be shortlisted.