Loan Recovery Officer at Rigo Microfinance Bank Limited

Rigo Microfinance Bank Limited – We deliver unequaled financial services through well trained and friendly workforce; helping individuals meet their financial goals and supporting micro, small and medium enterprises to grow.

We are recruiting to fill the position below:

Job Title: Loan Recovery Officer

Location: Nigeria

Job Duties

  • Recovering bad debts from delinquent debtors.
  • Ensure collections of due payments from delinquent clients(31- 90 Days).
  • Recovery officers and 91days above DCO.Negotiation of repayment with delinquent clients and guarantors with approval.
  • Working with Credit Controllers to contact debtors to pursue payment.
  • Devising customized recovery strategy on a case-by-case basis
  • Reducing the non-performing loans owed to a company.
  • Designing work-out payment plans for debtors
  • Following up with clients on previous payment arrangements.
  • Locating and establishing contact with debtors.
  • Maintaining accurate, up-to-date customer account information.
  • When necessary liaising with solicitors and bailiffs.
  • Negotiating settlements with clients.
  • Taking ownership of debt collection cases.
  • Maintaining appropriate and comprehensive records of all customer discussions.
  • Reporting daily progress against targets to the Team Leader.


  • Min Required Experience: 2-5 year(s)
  • Educational Qualification: HND/BSc

Other Requirements:

  • Candidate Must live in Ibeju-lekki environs. Specific locations include Ajah, Sangotedo, Awoyaya and Lakowe.
  • Proven experience as a recovery officer.
  • 2-5 years experience
  • Previous banking experience is a plus
  • Prefarably male
  • Outstanding organizational and time-management abilities
  • Excellent communication and interpersonal skills
  • Problem-solving and decision-making aptitude
  • Strong ethics and reliability.

Areas of Expertise:

  • Debt Collection
  • Issue Resolution
  • Numerical and well organized.

Very Attractive.

Application Closing Date
11th November, 2019.

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

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