At a glance
- Closing date
- The listing does not give one. Employers often close early when they have enough applicants, so apply soon.
- Where
- Nigeria, Nigeria
- How to apply
- Directly to the employer by email. The address is in the listing below.
- Similar roles
- 16 other open Banking & Financial Services roles on the Nigeria board right now.
Summary
The Loan Monitoring & Recovery Officer will be responsible for overseeing the active loan portfolio to ensure timely repayments, assessing client financial health, and implementing strategies to recover overdue loans.
The role includes conducting due diligence on loan applications, validating guarantors and collateral, initiating recovery actions when necessary, and ensuring compliance with internal policies and regulatory standards.
Job Responsibilities
Oversee active loan portfolio to ensure timely repayments
Regularly assess clients financial health and business performance
Conduct thorough due diligence on loan application to confirm the authenticity of provided informationvalidate client’s collateral and assess associated risks
Validate all employee’s guarantors in good standing
Implement strategies to recover overdue loans, including client engagement and restructuring repayment plans
Initiate legal/law enforcement proceedings when necessary to recover defaulted amounts
Prepare detailed reports on loan performance, highlighting areas of concern and recommending corrective actions
Maintain accurate records of all monitoring ,verification, and recovery activities
Ensure all loan processes adhere to internal policies and regulatory standards
Stay updated on relevant financial regulations and industry best prices
Build and maintain strong relationship with clients to foster trust and facilitate effective communication
Provide financial counseling to client facing repayment challenges
Report to C-Suites Executive.
Qualifications
Interested candidates should possess a Bachelor`s Degree with 3 years experience.
Minimum qualifications
BA/BSc/HND
How to apply
Interested and Qualified candidates should send an updated resume to: hrleapmfi@gmail.com using the job title e.g "Business Development Officer" as subject of the mail.
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