EXPERIENCED RECOVERY OFFICER AT BAOBAB MICROFINANCE BANK | BANKING JOBS IN NIGERIA

About Company:

Baobab Microfinance Bank is an investment company whose mission is to create a group of leading microfinance  banks and finance companies in at least 15 countries by 2015 that will provide financial services and savings products to entrepreneurs who lack access to the traditional financial sector. Baobab was created in July 2005 by PlaNet Finance, and other investors including International Finance Corporation, AXA Belgium, and Societe Generale, with the European Investment Bank, the French Development Agency and Developing World Markets Joining later.

Job Description:

• Recover bad debts from debtors who show unwillingness to pay back the loan taken.

Responsibilities

• Conduct regular review and visits to clients with outstanding loan portfolios at risk.
• Daily review of all the outstanding and overdue loan clients.
• Make regular reports and suggestions to the bank on actions required to protect its fund from bad loan clients.
• Recovery of classified loans.
• Initiates process to prosecute hard core debtors in line with guiding bank policy,
• Negotiate work out plans with willing debtors.
• Liaise with branches to manage and monitor non - performing loans.
• Any other responsibilities that may be assigned by the immediate supervisor.

Requirements:

• Candidates should possess a B.Sc or HND
• Must have completed NYSC
• Previous work experience or training in recovery (Preferably in an MfB or a commercial Bank).

Required skills/Experience:

• Fluent in English and Hausa, Igbo or Yoruba (spoken and written)
• Minimum of 1 Years of experience in Recovery in a Microfinance Institution
• Strong negotiation
• Articulate and result oriented
• High level of integrity
• Accurate, organized and motivated
• Previous loan recovery experience
• Status Local contract with Nigerian MFB.

Salary

Application Closing Date: Not specified

Application Instructions:

Click on the link below to apply