JOB TITLE: Loan Recovery Officer
JOB LOCATION: Ebonyi
JOB DETAILS:
Duties & Responsibilities
- Follow up with customers for all outstanding payments and identify problematic accounts. Ensures Non-Performing Loans are followed up and monitored diligently.
- Responsible for communicating with delinquent borrowers, establish and developing effective payment plans with the delinquent borrowers.
- Ensures Loan Repayments are monitored promptly and reminders are issued timely on any amount in arrears.
- Making collection efforts on past due accounts vide site visit, email or phone in order to achieve prompt payment.
- Advise borrowers of their legal liabilities under existing contract law (including the interpretation of their liability under the loan agreement).
- Perform daily operational or admin duties of department including daily reports and processing of accounts.
- Compile statistics and reports related to Credit Admin for management review.
- Liaise with lawyers to issue Notice of Demand and Notice to Recall
- Follow up with lawyers on litigation cases until the cases are closed.
- Submit the litigation cases to the judge:
- Attend Court to meet with the Judges whenever required.
- All other matters ancillary to the above and to perform any other related duties that Management may require from time to time.
Requirements & Qualifications
- Degree in Banking / Finance / Accounting or Economics are preferred.
- Minimum 2 years experience in loan recovery role.
- Good command in written and spoken English and izzi, ikwo and afikpo
- Strong communications skills.
- Familiarity with bank deposits / loans products.
Salary
NGN 80,000 – 125,000 Monthly.
HOW TO APPLY
Interested and qualified candidates should forward copies of their CV & Cover Letter to: [email protected] using the Job Title as the subject of the mail.
Deadline: August 31, 2021
Job Features
Job Category | Loan Recovery Officer |