RECOVERY OFFICER – GROUP LENDING @ MICROFINANCE INSTITUTION
The Recovery Officer – Group Lending position is a critical role within our microfinance institution, primarily responsible for the strategic management of loan recovery processes specifically for our group lending portfolios. This role involves proactive follow-up on overdue accounts, ensuring timely collections to maintain the health of the institution's financial assets, and mitigating credit risk.
Candidates will be expected to build and sustain strong relationships with group clients, providing guidance and support where necessary to facilitate repayment. The successful applicant will demonstrate a high level of integrity and professionalism while working closely with the credit team to improve recovery strategies and ensure overall portfolio quality.
Candidates will be expected to build and sustain strong relationships with group clients, providing guidance and support where necessary to facilitate repayment. The successful applicant will demonstrate a high level of integrity and professionalism while working closely with the credit team to improve recovery strategies and ensure overall portfolio quality.
Key Requirements
Relevant academic qualifications in Finance, Business Administration, or related fields
Proven experience in microfinance or financial institutions
Strong analytical and problem-solving skills
Excellent communication and negotiation skills
Strong interpersonal skills for client relationship management
High level of integrity and professionalism
In-depth knowledge of group lending dynamics and recovery procedures
Ability to work under pressure and meet collection targets
Proficiency in Microsoft Office and financial software
Valid driving license or ability to travel to client locations