Loan Monitoring and Recovery Officer at Firmus Group

Firmus Group is currently recruiting suitably qualified candidates to fill the position below:

Job Title: Loan Monitoring and Recovery Officer

Location: Lekki, Lagos
Employment Type: Full-time

Description

• Monitor Loan disbursement and payment to eliminate loan defaults
• Analyze potential loan markets and develop referral networks in order to locate prospects for loans.
• Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action (Recovery)
• Arrange for presentation of Guarantor’s cheques for delinquent loans
• Call, visit, and send periodic reminders to loan customers on scheduled repayments.
• Conduct post-disbursement spot checks on customers to confirm loan performance and utilization.
• Maintain PAR level in compliance with CBN regulations
• Follow up with account officers to reconcile payments received and real-time transaction postings
• Presentation of repayment cheques
• Negotiate payment plans with defaulters.

Application Closing Date
25th March, 2024.