Recovery Officer at La Fayette Microfinance Bank Limited

La Fayette Microfinance Bank Limited will join Cameroon, Ghana, Democratic Republic of Congo, Tanzania, Cambodia and Ivory Coast as member of Advans group network. Advans SA SICAR was created in 2005 by Horus Development Finance together with several development financial institutions: IFC, FMO, KFW, CDC, EIB, AFD Group.La Fayette Microfinance Bank recently received the Approval-in-Principle from the Central Bank of Nigeria to carry out microfinance services in Oyo State.We are recruiting to fill the below position:Job Title: Recovery Officer Job Reference: ADV/RO/NIG/JAN/18Location: OyoJob DescriptionThe Recovery Officer will be responsible for the efficient follow-up and recovery of outstanding repayments, interest and penalties on delinquent loans either in form of cash or through seized assets.Main Purpose and Objectives of the JobRecovery ManagementAsset seizure/ salesManage a portfolio of arrears clients with the purpose to decrease the outstanding amount of overdue loansEnsure and maintain excellent portfolio qualityReduce loan restructuring, loan refinancing and loan write-offs of the bank

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