Recovery Officer at Fadac Resources and Services Limited

Lagos

Fadac

Company Info

Mid sized business

Fadac Resources and Services Limited - Our client is a CBN licensed and NDIC insured Microfinance bank providing Savings, Investment, and Loan products to Micro, Small and Medium Enterprises.

1 to 50 Employees

Fadac Resources and Services Limited – Our client is a CBN licensed and NDIC insured Microfinance bank providing Savings, Investment, and Loan products to Micro, Small and Medium Enterprises.

Job Title: Recovery Officer

Location: Lagos

Key Responsibilities

  • Work closely with the account officer to assess default reasons and negotiate repayment plans
  • Ensure overdue debts are collected promptly and professionally
  • Maintain regular contact with delinquent customers through calls, emails, and physical visits
  • Provide support and assistance to customers on repayment options
  • Take legal action to recover outstanding debts when necessary
  • Maintain accurate records of all communications and payment agreements
  • Track and monitor loan repayment schedules
  • Issue demand notices and reminders to defaulters
  • Provide feedback to credit department on risk trends

Requirements

  • Bachelor’s Degree or HND holder
  • 2-4 years of experience in a related role
  • MCP is an added advantage
  • Strong communication and interpersonal skills
  • Technical skills including negotiation and knowledge of microfinance regulations
  • Ability to work under intensive pressure
  • Proficiency in MS Office and Core banking application software (BankOne)
  • Strong analytical and problem-solving skills
  • Attention to detail and record-keeping.

Application Closing Date
4th March, 2025.

How to Apply: Interested and qualified candidates should send their CV to: [email protected] using the job title as the subject of the mail.