Business and Finance General

Job for Recovery Officer At La Fayette Microfinance Bank Limited

History and vision: Created in June 2012 and formally incorporated as La Fayette Microfinance Bank Ltd, Advans Nigeria is the seventh greenfield of the Advans Network. Advans Nigeria’s objective is to target MSMEs in urban areas of Nigeria, where market studies have shown that only one in ten entrepreneurs has access to credit.

Network: Advans Nigeria opened its first branch in Ibadan, the country’s third largest city, at the end of January 2013. A second branch opened in May 2013 and two further branches in early 2014. In the coming years, Advans Nigeria plans to continue its expansion to cover other regions of Oyo State, home to about 5.5 million inhabitants.

Job Title: Recovery Officer

Job Description

The Recovery Officer will be responsible for the efficient follow-up and recovery of outstanding repayments, interest and penalties on delinquent loans either in form of cash or through seized assets.

Main purpose and objectives of the job:
Recovery Management
Asset seizure/ sales
Manage a portfolio of arrears clients with the purpose to decrease the outstanding amount of overdue loans
Ensure and maintain excellent portfolio quality

Reduce loan restructuring, loan refinancing and loan write-offs of the bank

Essential Requirements
Capacity to communicate efficiently both orally and in writing
A very analytical and tactical mind
Capacity to investigate effectively with clients and guarantors
Capacity to obtain information from external sources.
Fluent in English and Yoruba
Physically fit.
Willingness to travel around branches.

Other Requirements

A minimum of HND / BSC in any discipline.
A minimum of 3 years working experience in a similar position of which 2 years must be in a financial institution.
A valid drivers license and ability to drive will be an added advantage.
Practical knowledge of micro/small business and market environment will be an added advantage.

Deadline: FEBRUARY 09, 2018

How to Apply

Click Here to Apply Online

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