Loan Recovery Officer at TeamAce Limited

Lagos

Teamace

Company Info

Mid sized business

1 to 50 Employees

TeamAce Limited - Our client, TFS Lending was created to empower you to have easier financial access so that you can be happy and thrive.

TeamAce Limited – Our client, TFS Lending was created to empower you to have easier financial access so that you can be happy and thrive. With loans up to N5million and a flexible repayment period, you can live life on your terms knowing we have your back.

Job Title: Loan Recovery Officer

Location: Victoria Island, Lagos

Employment Type: Full-time

Job Summary

  • Our client is seeking a proactive and results-driven Loan Recovery Officer to join the loan operation team to manage and execute the recovery of overdue loan accounts.
  • The ideal candidate will have strong negotiation skills, a firm understanding of credit and lending operations, and a professional approach to client engagement.
  • You will play a critical role in minimizing financial risk and maintaining a healthy loan portfolio.

Responsibilities

  • Monitor and track delinquent accounts to ensure timely recovery of overdue payments.
  • Contact borrowers via phone, email, and field visits to negotiate repayment plans.
  • Analyze borrower profiles and financial conditions to recommend appropriate recovery strategies.
  • Maintain accurate and detailed records of all communications and recovery activities.
  • Work closely with the Credit teams to escalate unresolved accounts.
  • Initiate legal proceedings for recovery, when necessary, in coordination with legal counsel.
  • Prepare regular reports on recovery performance and outstanding balances.
  • Ensure compliance with all internal policies and regulatory requirements related to debt collection.
  • Build and maintain professional relationships with clients while maintaining firmness and tact.

Requirements

  • HND/BSc in Finance, Accounting, or a related field.
  • Minimum of 2 years of experience in collections, debt recovery, or credit control, preferably in the financial services sector.
  • Strong knowledge of lending practices, credit assessment, and collection laws/regulations.
  • Excellent negotiation, communication, and interpersonal skills.
  • Ability to work under pressure and meet recovery targets.
  • Proficiency in MS Office and experience with loan management systems.
  • High level of integrity, professionalism, and attention to detail.

Benefits

  • Opportunities for professional growth and development.
  • A collaborative and inclusive work environment.
  • Competitive salary and benefit packages.
  • Health insurance and pension, etc.

Application Closing Date
Not Specified.

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