Loan Collection and Recovery Officer at Boctrust Microfinance Bank Limited

Boctrust Microfinance Bank Limited | Job Title: Loan Collection and Recovery Officer |  Job Location: Lagos

Boctrust Microfinance Bank Limited is a grass-root financial institution licensed by the Central Bank of Nigeria to give social and economic support to the lower middle class, working class and the economically active poor.

Job Description

  • Keep track of assigned accounts to identify outstanding debts
  • Plan course of action to recover outstanding payments
  • Locate and contact debtors to inquire of their payment status
  • Negotiate payoff deadlines or payment plans
  • Investigate and resolve discrepancies
  • Create trust relationships with debtors when possible to avoid future issues
  • Update account status and database regularly
  • Alert superiors of debtors unwilling or unable to pay when necessary
  • Comply with requirements when legal action is unavoidable.

Job Requirement

  • BSc/HND in Accounting, Banking & Finance, Economics, Statistics and other related fields
  • A minimum of second class lower (BSc) or Lower credit (HND)
  • 2-3years experience in collection/debt recovery in a financial sector

Application Closing Date
Not Specified

Method of Application
Interested and qualified candidates should:
CVs should be sent to [email protected]