Loan Recovery Executive Job at Value Edge Management Service Limited

Value Edge Management Service Limited is a leading business management consulting practice serving clients across Africa. We work in all major sectors of the economy and levels of government engaging highly trained and sector-experienced consultants.

We are recruiting to fill the position below:

Job Position Loan Recovery Executive

Job Location: Yaba, Lagos
Employment Type: Full-time

Responsibilities

• Keep track of assigned accounts to identify outstanding debts
• Plan a course of action to recover outstanding payments
• To reduce substantially the company PAR through daily loan monitoring
• Monitoring of the company’s loan portfolio at risk from appraisal level to full recovery
• Ensuring close contact with loan officers on their default clients, providing support for them in the area of joint visits for recovery, calls, and letters to some of the defaulters as the need arises
• Contact debtors to inquire about their payment status
• Negotiate payoff deadlines or payment plans
• Comply with requirements when legal action is unavoidable
• Liaise with law enforcement Officers to follow up with the cases of defaulters, as to collect any money been paid to them very quickly

Requirements and Skills

• Candidates should possess LLB / BL qualification
• Candidate must have at least 1-3 years of experience in Loan Recovery Department.
• Proven experience as a loan collector may be an added advantage
• Knowledge of relevant legal requirements
• Working knowledge of MS Office and databases
• Excellent communication and people skills
• Apt in negotiating and persuading.

Method of Application
Interested and qualified candidates should send their CV to: valueedgemgt@gmail.com using the Job Position as the subject of the mail.