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