About the Role
Baobabplus is a leading social business committed to expanding energy and digital access across Africa, providing innovative products that improve local livelihoods. As part of the esteemed Baobab Group, we specialize in financial inclusion and sustainable impact. We are currently seeking a dynamic and result-oriented Experienced Recovery Officer to join our team in Nigeria to manage portfolio risk, recover classified loans, and ensure the financial health of our operations.
Key Responsibilities- Conduct regular reviews and field visits to clients with outstanding loan portfolios at risk.
- Monitor and review all overdue and delinquent loan accounts on a daily basis.
- Recover classified loans and negotiate viable workout plans with willing debtors.
- Initiate legal and prosecution processes for hardcore debtors in alignment with company policy.
- Liaise closely with various branches to proactively monitor and manage non-performing loans.
- Prepare regular reports and strategic recommendations to safeguard company funds against bad debts.
- Perform any other related tasks and responsibilities assigned by the immediate supervisor.
- Bachelor's degree (B.Sc.) or Higher National Diploma (HND) in a relevant discipline.
- Mandatory completion of the National Youth Service Corps (NYSC) program.
- 1 to 3 years of proven loan recovery experience within a Microfinance Institution (MfB) or commercial bank.
- Fluent in English as well as Hausa or Yoruba (both spoken and written).
- Strong negotiation, conflict resolution, and communication skills.
- High level of professional integrity, accuracy, and strong organizational skills.
- Result-oriented mindset with the ability to work independently and under pressure.
- Competitive salary and performance-based incentives.
- Comprehensive health insurance coverage.
- Opportunities for professional growth and career advancement within a global group.
- A collaborative and impact-driven work environment dedicated to financial inclusion.