Recovery Officer
AI summary
Loochi Investment Limited is hiring a Recovery Officer in Lagos to manage non-performing loans, recover past-due accounts, and minimize bad debt write-offs for its microfinance operations. The role involves negotiating repayment plans, conducting field visits, and ensuring compliance with regulatory and ethical standards. Interested candidates should send their CV to careers@loochi.ng with the position as the email subject.
- Full-time hybrid role based in Lagos
- Focus on non-performing loan recovery and portfolio management
- Requires BA/BSc/HND and 2–4 years of experience
- Application via email to careers@loochi.ng
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- Required2+ years of relevant experienceThe job post includes a minimum experience signal.
- PreferredPractical evidence in call_center, internship, financeThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in Not specifiedThe vacancy is associated with this location.
- UnclearComfort with the Full Time contract termsConfirm hours, duration, probation and benefits at the original source.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Recovery Officer evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Loochi Investment Limited and the role in Not specified.
- Add concrete examples related to call_center, internship, finance, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from MyJobMag Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- MyJobMag Nigeria
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Recovery Officer role in call_center, internship?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Not specified under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Loochi Investment Limited before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Use AI to apply better
After confirming the original source, use Career Assistant to check role fit, tailor your CV and prepare a cover letter or employer message.
Original source description
Loochi Investment Ltd is a lending firm dedicated to providing accessible financial services to underserved entrepreneurs and small business owners Recovery Officer Job Type Full Time , Hybrid Qualification BA/BSc/HND Experience: 2 - 4 years Location Lagos Job Field Customer Care, Success and Service The Recovery Officer is responsible for managing non-performing loans (NPLs), recovering past-due accounts, and minimizing bad debt write-offs for the microfinance firm. This role involves negotiating repayment plans with delinquent borrowers while maintaining compliance with regulatory guidelines and microfinance ethics. Monitor delinquent loan portfolios to identify overdue accounts, categorization, and recovery strategies. Conduct field visits, phone calls, and formal correspondence to contact defaulting clients and guarantors. Restructure repayment plans for willing but financially distressed clients within approved policy thresholds. Collaborate with legal counsel and third-party recovery agencies for escalated cases. Ensure all recovery activities strictly comply with consumer protection regulations, ethical debt collection practices, and internal policies. Assess collateral/pledged assets for potential liquidation where non-payment persists. Identify underlying causes of loan defaults and report recurring credit risks to the underwriting team. Maintain accurate, up-to-date logs of all client interactions, recovery efforts, and payment promises. Prepare weekly and monthly recovery performance reports, default rate analysis, and provision tracking. Track recovered funds against targets and coordinate with finance for accurate ledger postings. Check how your CV aligns with this job Method of Application Interested and qualified candidates should forward their CV to: careers@loochi.ng using the position as subject of email. Build your CV for free. Download in different templates.