Job for a Loan Recovery Manager in a Leading Internet Finance Company in Lagos

Cashigo International, a leading internet finance company in Lagos is recruiting to fill the position below:     Job Title: Loan Recovery Manager Location: Lagos Job Description

• Effective and consistent formulation and execution of Collections and Recovery strategies for improving performance, delivering the best result based on individual account circumstances while maintaining customer relationship
• Proactive and ongoing monitoring and management of loan portfolio to minimize bad debt provisions/losses
• Applying appropriate recovery measures in dealing with defaulting customers to ensure that all NPLs are dully attended to Propose and implement strict internal controls over procedures, audit recommendations and regulatory requirements to safeguard the company from potential losses.
• Providing collections and Recovery expertise and knowledge for annual, quarterly and monthly forecasts
• Meeting with delinquent customers (if needed) and making appropriate decisions to prevent cases from further deterioration
• Demonstrating the ability to take on role specific requirements as outlined by management

• Minimum of a Second Class Lower Division University Degree in Business, Finance, Law or equivalent
• Additional qualification such as Master’s Degree or finance related certification would be an added advantage

• At least 5 years experience in Banking or a related field with at least 6 years in debt collection and recovery
• At least 2 years’ work experience in a supervisory role
• Ability to take responsibility for making difficult decisions, taking calculated risks and experimenting with new approaches to discover if they will be successful
• Organized and meticulous with ability to work under pressure and meet strict deadlines
• Excellent negotiation, interpersonal, verbal and written communication skills.
• Knowledge of retail lending, general understanding of collection and recovery processes as well as relevant regulatory/legal framework
• Proven leadership, analytical, planning, organizational, problem-solving and project management skills to handle problems in a confident and decisive manner