Recovery Officer at Nextpayday Limited

Nextpayday provides Nigerians with a non-speculative, hassle-free, transparent, and secured opportunity to grow passive income by funding loan requests from validly employed Nigerians in little bits. Nextpayday is a platform that enables traders or validly employed Nigerians to access salary advances without hassles and repay in 3-12 months equal monthly installments directly from their employers' payroll or their salary accounts held with Nigerian banks.

Our operations are regulated under the Money Lenders Act and Nextpayday owns lending licenses in Rivers, Cross Rivers, Akwa Ibom states, and the Federal Capital Territory of Nigeria. We also have the approval of Rivers, Cross Rivers, and Federal Government [IPPIS] which gives us access to direct deductions from workers' payroll.

We are recruiting to fill the position below:

Job Title: Recovery Officer

Location: Port Harcourt, Rivers
Employment Type: Full-time

Job Description

• We are looking for very experienced Recovery Officers who are looking for new challenges and looking to solve problems in a Startup Company.
• The Recovery Officer is essential in supporting our Company's team to recover bad debts from all our products
• You'll work alongside a small, agile but growing team from beginning to end, as your efforts will be designed to help our Company in our efforts to improve and achieve growth.

Duties and Responsibilities

• Monitor overdue and defaulted loans weekly to timely provide an update or recommendation to the manager.
• Prepare and submit daily reports of the overdue and repayment for all loan facilities to keep all related stakeholders informed of the status.
• Respond to all inquiries, issues, or errors related to repayment when required.
• Arrange an appropriate time to chase and follow up with clients to ensure agreed terms and conditions are made.
• Process to do a manual settlement to clients when appropriate.
• Conduct site visits, alerts, follow up and recover defaulted loans by coordinating with the local authorities to those overdue and/or defaulted clients when assigned.
• Follow up and verify with the loan field officers to get updates on reasons for repayment lateness and the next action plan to handle the case.
• Track and prepare a list of restructured or rescheduled clients by working closely with the loan field officers to better administer the repayment schedules.

Skills and Qualifications

• Bachelor’s Degree in Finance and Banking, Accounting, or any relevant field.
• Minimum one (1) year of working experience as a recovery officerin a credit function of the financial industry.
• A basic understanding of the Company's operations, rules and regulations, laws, granting loans, and credit risk management.
• Ability to use and communicate in both pidgin and English languages.
• Proficiency in Microsoft Office.
• Excellent organizing, recording, and filing skills.
• Strong dedication to accuracy and efficiency.
• Good problem-solving, negotiation, interpersonal, and convincing skills.
• Patience and understanding of emotions to deal with clients.

Salary
N60,000 monthly

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.

Note: Successful applicants will also be entitled to commissions in addition to salary

Application Deadline  25th November, 2022.