Recovery & Collection Officer at Westfield Consulting
Confidential
Lagos, Nigeria
Permanent
Published 1 month ago · Expires 2 weeks from now
Job description
## Title: Recovery & Collection Officer
About the Role
We invite applications from suitably qualified candidates for the position of Recovery & Collection Officer.
Key Responsibilities
- Contact customers for repayment of outstanding loans via phone calls, emails, and field visits
- Negotiate repayment plans and ensure prompt collections
- Maintain detailed records of all communications and recovery activities
- Prepare daily, weekly, and monthly collection reports
- Escalate delinquent accounts to management when necessary
- Ensure compliance with regulatory standards and company policies during collection activities
- Support efforts to reduce non-performing loans (NPL) and improve portfolio quality
Requirements & Skills
- HND/B.Sc. in Business Administration, Finance, Accounting, Economics, or related field
- Maximum of 2 years' experience in loan recovery, credit control, or debt collection (preferably in financial institutions)
- Strong negotiation and persuasive communication skills
- Good knowledge of loan recovery procedures and regulations
- Ability to work under pressure and meet collection targets
- High ethical standards and integrity