Recovery Manager at Accion Microfinance Bank Limited

Accion Microfinance Bank Limited  - Established in 2006, began operations in May 2007 on license from the Central Bank of Nigeria. Our management team comprises seasoned and distinguished professionals from diverse backgrounds complemented by the expertise of our technical partners, ACCION International. At Accion Microfinance Bank our core values, business philosophy and methodology distinguish us as one of the leading microfinance banks in Nigeria.

We are recruiting to fill the position below:

Job Title: Recovery Manager

Location: South South/East

Job Responsibilities

• Identifying, developing and implementation of sound, acceptable credit policies
• Identification of areas for improving processes, implementing best practices and metrics to track performance management
• Reconciling transactions and balances to maintain accurate accounts
• Maintaining bad debt and bad debt recovery records
• Monitoring receivables and collections and providing updates of receivables and providing appropriate reporting procedures
• Providing regular updates of receivables to management
• Negotiating payment programs with delinquent customers
• Identifying accounts requiring collection agency or legal action and coordinating collections with third party contractors
• Monitoring violations of credit policies, providing analysis, conclusion and recommendations, present findings to senior management
• The credit manager will be responsible for motivating subordinates to optimize their performance and professional growth.

Qualifications & Experiences

• B.Sc/BA/HND in Social Sciences, Business, Banking, Finance, Marketing or any other numeric course
• An MBA will be added advantage
• Minimum of 5 Years work experience in the Banking sector.

Key Performance:

• Excellent numeric and analytical skills
• Effective communication/interpersonal skills with people at all levels, including ability to use tact, diplomacy and persuasiveness
• Strong leadership negotiation and problem solving skills
• Strong analytical skills e.g. read and interpret financial statements.
• A pro-active, self-starter with excellent all round communication skills
• Ability to motivate and mentor subordinates
• Strong leadership and people management skills
• Strong analytical skills, ability to conduct credit analysis and strategically analyze financials
• Excellent communication skills, ability to present financial information effectively.

Required Knowledge:

• Detailed knowledge of required documentation and a thorough knowledge of Lien Laws that govern the transactional relationship between the Customer and the Company
• Knowledge of contract payments
• Understanding of financial and debt analysis
• Knowledge of micro, small and medium enterprise market.

Application Closing Date
12th July, 2019.

How to Apply
Interested and qualified candidates should:
Click here to apply online