About Company:
Digitvant Microfinance Bank - We offer a comprehensive digital banking experience, featuring savings, loans, fund transfers, and online payments via our website and App. Our platform allows customers to manage their finances efficiently and access a wide range of personalised services to meet evolving needs.
We are recruiting to fill the position below:
Job Description:
- We are looking for a result-driven and persuasive Loan Recovery Officer to join our team.
- In this role, you will be responsible for monitoring delinquent accounts, developing effective recovery strategies, and ensuring timely repayment of loans.
- You will play a key part in maintaining a healthy loan portfolio and minimizing credit losses.
Responsibilities
- Follow up with clients on overdue payments via phone calls, emails, and field visits
- Negotiate repayment plans and ensure prompt recovery of outstanding loans
- Monitor repayment trends and identify early warning signs of default
- Maintain accurate records of all collection activities and agreements
- Escalate high-risk accounts and recommend appropriate recovery actions
- Collaborate with the credit and legal team to initiate legal proceedings when necessary
- Provide periodic reports on recovery performance and trends
Requirements:
- Bachelor’s Degree in Finance, Accounting, Business Administration, Economics or a related field
- Minimum of 2 years of experience in loan recovery or collections (preferably in a microfinance or fintech environment)
- Strong communication and negotiation skills
- Ability to remain professional and calm under pressure
- High level of integrity, persistence, and resilience
- Familiarity with loan management systems is an added advantage
- Willingness to conduct field recovery visits when necessary
Salary
Very attractiveApplication Closing Date: 31st July, 2025
Application Instructions:
Interested and qualified candidates should send their CV to: hr@digitvant.com using "Loan Recovery Officer" as the subject of the email.
Click here to Apply
Job Information
Deadline
31/07/2025
Job Type
Full-time
Industry
Banking
Work Level
Experienced
City
Ikeja
State
Lagos
Country
Nigeria