Field Collections Agent (Oyo) at FairMoney Microfinance Bank

FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

We are recruiting to fill the position below:

Job Title: Field Collections Agent

Location: Oyo
Employment Type: Full-time (Hybrid)

Role Summary

• Responsible for driving recovery on delinquent accounts through structured field visits,
• customer engagement, and disciplined follow-ups, while actively managing portfolio roll rates to minimize migration across DPD buckets.

Key Responsibilities

• Conduct daily field visits to defaulting customers (agents and merchants) to drive repayments.
• Meet daily productivity targets (calls, visits, right-party contacts, promises to pay, and collections).
• Manage assigned portfolio to reduce roll rates and prevent movement into higher DPD buckets.
• Track, follow up, and convert promises to pay (PTPs) into actual payments.
• Negotiate repayment plans and settlements within approved guidelines.
• Maintain accurate records of all activities and customer interactions.
• Verify customer information and update records to improve contactability.
• Prioritize accounts based on delinquency stage and recovery potential.
• Escalate non-responsive or high-risk accounts where necessary.
• Ensure accurate and timely reporting of all daily recovery activities on the designated collections management system.
• Ensure compliance with internal policies and regulatory requirements

Requirements
To excel in this role, you should meet the following criteria:

• Bachelor’s degree in any relevant field..
• 1–2 years’ experience in collections or field recovery.
• Understanding of delinquency management and roll rates.
• Strong negotiation and communication skills.
• Proficiency in Microsoft Excel.
• Self-driven, accountable, and comfortable working in a target-driven environment.
• Strong analytical and problem-solving ability.

Benefits

• Private Health Insurance
• Pension Plan
• Training & Development
• Performance Bonus

Application Closing Date
Not Specified.

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

Note the Recruitment Process

• A screening call with the Recruiter for 30 minutes.
• Technical interview with the Hiring Manager ~30 minutes.