Recovery Officer at Adeeva Capital Limited

Adeeva Capital Limited - We provide innovative and affordable financial products and services using the latest technology, a skilled and highly motivated workforce along with first class service.

We are recruiting to fill the position below:

Job Title: Recovery Officer

Location: Ikeja, Lagos
Employment Type: Full-time

Responsibilities

• Recovery of classified loans.
• Conduct regular review and visits to clients with outstanding loan portfolios at risk.
• Daily review of all the outstanding and overdue loan clients.
• Initiate process to prosecute hard core debtors in line with guiding policies and within acceptable legal framework.
• Negotiate, set up and monitor payment arrangements in accordance with delegations and procedures.
• Contact debtors by telephone, letter, email or fax, to agree debt recovery plans and follow up as appropriate.
• Reviewing documentation (all aspects of contract) to assess liability, identify contract issues and judge recoverability.
• Using knowledge and initiative to reach amicable solutions to recovering debts from clients, taking into account circumstances of the case.
• Establish repayment schedules, monitoring repayment of debts, and adherence by debtors to installment schedules.
• Researching debtor companies, assisting in researching laws and procedures to provide written advice to clients.
• Maintain statistics on recoveries.
• Negotiate workout plan or loan rescheduling with willing debtors.

Requirements

• Interested candidates should possess a minimum of OND, BSc / HND in Accounting, Banking & Finance, Economics, Statistics and other related fields.
• 2 - 4 years experience in debt recovery in the financial sector.

Benefits and Perks

• Incentive on loans recovered
• Medical Insurance.

Application Closing Date
Not Specified.