Loan Recovery Officer
1 month ago
Job Description
As a Loan Collection Officer, you will be responsible for:
- Reaching out to potential customers via phone calls to manage and review a business's debtors list to learn about due payments and remind them as necessary.
- Initiate and continue communications with customers until they clear their debts. Also advising them on payment options and assist with choosing the one they find most comfortable.
- Meeting daily, weekly, and monthly targets.
- Maintaining accurate records of all customer interactions and recovery activities.
- Once customers settle their debts, collections officers note this and update their payment records in the debtors' list or ledger. Updated records can prevent confusion, such as calling a customer who has completed their payments..
- Collections officers help businesses avoid excessive debt defaults that may affect their bottom line and hinder their ability to sustain operations.
- Respond to Customers' Queries.
Job Specifications
We are looking for candidates with:
- Knowledge: Basic knowledge of sales techniques and financial products; understanding of customer service principles.
- Skills: Excellent verbal communication, active listening, and persuasion skills; ability to build rapport quickly; strong problem-solving abilities.
- Abilities: Ability to work independently and as part of a team; comfortable working in a fast-paced, target-driven environment.
Qualifications
- NCE / OND / HND
- Previous experience in telesales or customer service is a plus.
- Must not be older than 30 years.
- Strong communication skills in English.
- Self-motivated with a results-driven mindset.
Working Conditions:
- Working Hours: 9:00 AM – 5:00 PM, Monday to Friday including Two Saturdays and Two Sundays in a month while there are days for off in between.
- Contract: Full-time, non-unionized position.
What We Offer
- Salary: Competitive base salary with performance-based bonuses N80,000 - N90,000 Including commission and overtime pay
- Benefits: Health insurance, pension plan, and paid time off. Free Lunch is being provided by the company during the weekends Overtime
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