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Experienced Recovery Officer

Full-time

Baobabplus

Job title : Experienced Recovery Officer

Job Location : Lagos Deadline : October 03, 2026 Quick Recommended Links

Job Mission

  • Recover bad debts from debtors who show unwillingness to pay back the loan taken.

Responsibilities

  • Conduct regular review and visits to clients with outstanding loan portfolios at risk.
  • Daily review of all the outstanding and overdue loan clients.
  • Make regular reports and suggestions to the bank on actions required to protect its fund from bad loan clients.
  • Recovery of classified loans.
  • Initiates process to prosecute hard core debtors in line with guiding bank policy,
  • Negotiate work out plans with willing debtors.
  • Liaise with branches to manage and monitor non - performing loans.
  • Any other responsibilities that may be assigned by the immediate supervisor.

Educational Qualifications

  • Candidates should possess a B.Sc or HND
  • Must have completed NYSC
  • Previous work Experience or training in recovery (Preferably in an MfB or a commercial Bank).

Required skills/Experience:

  • Fluent in English and Hausa or Yoruba (spoken and written)
  • 1 - 3 Years of experience in Recovery in a Microfinance Institution
  • Strong negotiation
  • Articulate and result oriented
  • High level of integrity
  • Accurate, organized and motivated
  • Previous loan recovery experience
  • Status Local contract with Nigerian MFB.
Vacancy posted 2 days ago
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