Loan Recovery Officer
Catilas Resources Limited, Nigeria

Job Objective

• Recovery Management
• Asset seizure/ sales
• Manage a portfolio of arrears clients with the purpose to decrease the outstanding amount of overdue loan
• Ensure and maintain excellent portfolio quality and
• Reduce loan restructuring, loan refinancing and loan write-offs of the bank

Key Task and Responsibilities

• Recovering bad debts from delinquent debtors.
• Ensure collections of due payments from delinquent clients (31- 90 Days).
• Negotiation of repayment with delinquent clients and guarantors with approval.
• Working with Credit Controllers to contact debtors to pursue payment.
• Devising customized recovery strategy on a case-by-case basis
• Reducing the non-performing loans owed to a company.
• Designing work-out payment plans for debtors
• Following up with clients on previous payment arrangements.
• Locating and establishing contact with debtors.
• Maintaining accurate, up-to-date customer account information.
• When necessary liaising with solicitors.
• Negotiating settlements with clients.
• Taking ownership of debt collection cases.
• Maintaining appropriate and comprehensive records of all customer discussions.
• Reporting daily progress against targets to the Team Leader

Requirements

Key Attributes

• Attention to Details.
• Performance Under Pressure
• Problem Solving
• Leadership
• Independent Minded.
• Good interpersonal relationship
• High retentive memory
• Multi tasking disposition
• Credit analysis skill
• Ability to work on own initiative and as part of a team.
• Portfolio analysis and monitoring skills

Key Competences

• Debt Collection
• Issues/conflict Resolution

Numerical and well organized.

Job Rewards and Benefits