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10 months2 Applicants
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Salary:40,000.00 (monthly)

job description - Loan Recovery Officer

  • Create a detailed action plan for dealing with badloans from previousand current years.
  • Identify clients with problematic loans and rate recovery possibilities i.e Low, Medium, or High Risk.
  • Work closely with Relationship Managers and Credit/Risk Managerto execute recovery techniques and strategies including regular home visitsand collection drives, Identify root cause of laon deliquencies and recommend improvement changes to improve portfolio quality.
  • Get definite commitments from defaulting clients and ensure they follow through on their pledged repayment dates.
  • Other tasks as assigned by supervisor.

Qualifications

  • BSc, HND, ND, NCE.
  • Microfinance experience is an added advantage
  • Analytical Skills
  • Good Negotiation Skills
  • Knowledge of Microsoft Office
  • Good written and Verbal communication skills
  • Excellent organizational skills
  • Very good, clear and concise writing skills
  • Highly structured and creative
  • Self-motivated, results oriented and problem solver.
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