HEAD OF RECOVERY AT MONIEPOINT | HEAD OF RECOVERY JOBS IN LAGOS

About Company:

Moniepoint Incorporated is a global business payments and banking platform and recently became QED Investors’ first investment in Africa. We are the partner of choice for over 600,000 businesses of all sizes, powering the dreams of SMBs and providing them with equal access to the tools they need to grow and scale.

Job Description:

We are seeking a strategic and legally-grounded Head of Recovery to architect and execute Moniepoint’s debt recovery framework. In this high-impact leadership role, you will be responsible for minimizing credit losses and reducing non-performing loan (NPL) provisions through a sophisticated blend of legal strategy and operational excellence.

As a qualified legal professional, you will not only manage the department but also design its organizational structure, recruit high-caliber talent, and navigate complex delinquency cases across all six geo-political zones in Nigeria. You are a data-driven leader who can translate legal expertise into efficient, scalable recovery tactics.

Requirements:

Strategic Recovery & Legal Oversight

• Framework Architecture: Develop and execute high-level recovery strategies to significantly reduce bad debt provisions and optimize NPL resolution.

• Primary Legal Strategist: Act as the lead legal authority for the recovery department, ensuring every action complies with Nigerian financial regulations and debt collection laws.

• Litigation & Asset Recovery: Leverage deep legal expertise to manage complex debt litigation and asset seizure processes.

Operational Leadership & Talent Management

• Organizational Design: Design the recovery unit’s structure and lead the hiring process to build a network of elite recovery talent.

• Performance Optimization: Set clear Objectives and Key Performance Indicators (KPIs) to evaluate the efficacy of recovery tactics and personnel performance.

• Capacity Building: Provide continuous training to the recovery network, ensuring alignment with industry best practices and internal strategies.

Stakeholder Engagement & Collaboration

• External Liaison: Manage sensitive engagements with law enforcement agencies, regulatory bodies, and external legal counsel to expedite debt resolution.

• Internal Alignment: Collaborate with the Credit, Legal, Risk, and Finance departments to ensure recovery efforts are synchronized with the broader business objectives.

• Executive Reporting: Provide data-backed insights and performance reports to the executive team and senior management.

Qualifications and Skills:

• Education: Bachelor’s Degree in Law (LLB) and called to the Nigerian Bar.

• Experience:

  • Minimum of 7 years of experience specifically in debt recovery, litigation, and credit recovery within the Nigerian financial sector.

  • Proven track record of managing high-value NPLs and leading recovery teams.

  • Geographic Reach: Extensive experience handling recovery operations in each of the 6 geo-political zones in Nigeria.

• Network: A strong, existing network of legal and law enforcement contacts across the country.

• Technical Skills:

  • Deep knowledge of Nigerian banking regulations and court procedures.

  • Data Analytics: Proficiency in interpreting financial data and statistics to drive recovery performance.

• Core Competencies:

  • Elite negotiation and conflict resolution skills.

  • Strong analytical thinking and decision-making under pressure.

  • Excellence in people and performance management.

Salary

Application Closing Date: Not specified

Application Instructions:

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