Recovery Officer at NEAT Microcredit

Abuja

Neat Microcredit

Company Info

NEAT Microcredit is a microfinance institution based in Kaduna, Nigeria, dedicated to empowering individuals and small businesses by providing tailored financial solutions.

NEAT Microcredit is a microfinance institution based in Kaduna, Nigeria, dedicated to empowering individuals and small businesses by providing tailored financial solutions. With a mission to foster financial inclusion, NEAT Microcredit offers accessible credit facilities, savings products, and otherfinancial services aimed at supporting economic growth and enhancing livelihoods in underserved communities.

Job Title: Recovery Officer

Location: Abuja (FCT)

Employment Type: Full-time

Job Objectives

  • The Recovery Officer is responsible for identifying, evaluating, and monitoring non-performing loan accounts and implementing effective recovery strategies to achieve maximum recovery at minimal cost.
  • The role requires ensuring compliance with legal frameworks and maintaining ethical recovery standards.

Duties & Responsibilities

  • Investigate and report fraudulent activities with supporting evidence.
  • Audit high-risk loan portfolios to detect and mitigate fraud.
  • Identify and report potential bad loans or defaulting clients, providing solutions and recovery strategies.
  • Conduct random compliance inspections and report deviations.
  • Collaborate with Branch Managers (BM) and Relationship Officers (RO) to ensure prompt debt recovery.
  • Collect delinquent and written-off debts within the designated area.
  • Conduct spot checks, scheduled visits, and tracking of debtors, including necessary petitions or arrests.
  • Maintain accurate monthly collections reports and debt status updates.
  • Consistently reduce non-performing debts through aggressive recovery efforts and viable restructuring options.

Qualifications & Experience

  • Bachelor’s Degree or HND in a relevant field.
  • 1 – 3 years of experience in a similar role.

Key Competencies & Knowledge:

  • Proven ability to meet and exceed monthly and quarterly recovery targets.
  • Strong analytical and problem-solving skills.
  • Sound decision-making ability, even under pressure.
  • Self-motivated with excellent interpersonal and communication skills.
  • Effective persuasion and conflict resolution skills.
  • Ability to liaise effectively with local authorities and legal professionals.
  • High ethical standards and commitment to integrity.

Salary

  • N30,000 – N50,000 / Month.

Application Closing Date
31st July, 2025.

How to Apply: Interested and qualified candidates should send their CV and Cover Letter to: [email protected] CC: [email protected] using the Job Title and Location (eg.”Recovery Officer – Abuja”) as the subject of the email.

    Other Jobs Listed By the Company.

    Neat Microcredit

    NEAT Microcredit is a microfinance institution based in Kaduna, Nigeria, dedicated to empowering individuals and small businesses by providing tailored financial solutions. | Gwagwalada, Karu & Suleja - Abuja (FCT), Omu Aran, Ilorin & Offa - Kwara, Kano and Kaduna

    134 Views

    May 15, 2025

    Neat Microcredit

    NEAT Microcredit is a microfinance institution based in Kaduna, Nigeria, dedicated to empowering individuals and small businesses by providing tailored financial solutions. | Nigeria

    249 Views

    April 9, 2025