Recovery Officers at Baobab Microfinance Bank

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    Our mission: building a responsible group of financial institutions dedicated to microfinance.
    MicroCred was founded in 2005, through the initiative of Arnaud Ventura, founder and CEO, by PlaNet Finance and partners shareholders.
    MicroCred Holding is an investment company that invests in and manages responsible institutions and provides them with the…

    Read more about this company

     

    Recovery Officer

    • Job Type Full Time
    • Qualification BA/BSc/HND
    • Experience 2 – 3 years
    • Location Abuja
    • Job Field Banking&nbsp

    Locations: Garki and Wuse – Abuja (FCT) ,

    Job Description

    • Supervisor: Reporting to the Head of Recovery Department / Assistant Head of recovery unit
    • Mission: Recover bad debts from debtors who shows unwillingness to pay back the loan taken.

    Responsibilites

    • Conduct regular review and visits to client with outstanding loan portfolio at risk.
    • Daily review of all the outstanding and overdue loan clients.
    • Make regular reports and suggestions to the bank on actions required to protect its fund from bad loan clients.
    • Recovery of classified loans.
    • Initiates process to prosecute hard core debtors in line with guiding bank policy,
    • Negiotes work out plan with willing debtors.
    • Liaise with branches to manage and monitor non – performing loans.
    • Any other responsibilities that may be assigned by immediate supervisor.

    Job Requirements

    • Candidates should possess Bachelor’s degree
    • Must have 2 – 3 Relevant experience in Recovery
    • Fluent in English and Hausa or Yoruba (spoken and written) is added advantage
    • Strong negotiation
    • Articulate and result oriented
    • High level of integrity
    • Accurate, organised and motivated
    • Previous loan recovery experience

    Method of Application

    Interested and qualified candidates should send their Application Letter and Resume to: Fmaidugu@baobabgroup.com using the “Job title and preferred location” as the subject of the email e.g Recovery Officer – Garki.

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