La Fayette Microfinance Bank Limited – As an international registered microfinance bank, La Fayette Microfinance Bank offers a complete range of financial services and means of payment for its customers, including savings accounts, current accounts and fixed deposit accounts.
Fully client oriented, La Fayette Microfinance Bank offers great flexibility, independence and financial security to help clients stay committed to their short and long term financial goals. Formally incorporated as La Fayette Microfinance Bank, the bank started full operation in February 2013 and has built a strong client base, serving clients from eight branch networks in Ibadan– Bodija, Challenge, Dugbe, Gbagi and Iwo road, Ogbomosho, Oyo and Saki towns, all strategically situated within close proximity to customers.
We are recruiting to fill the position of:
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Supervises Recovery Officers in designated areas
Follow up on loan insurance and quality guarantees.
Establish recovery procedures for managing customers in arrears
Generic Responsibilities Quality control and production arrears management:
Ensure the recovery of written off loans
Monitor customer file and late payment in arrears
Perform reminders by telephone, mail or in the field of late payment by customers
Apply debt collection procedures to unpaid instalments
Maintain close contact with customers when necessary and feasible
Achieve given recovery targets
Negotiate a new schedule in case of actual difficulty of the customer found
Ensure recovering unpaid instalments is in accordance to the banks’ policy
Checking loan agreements.
Guarantees of the implementation of loan insurance.
Monitoring customers’ compliance to timeline.
Representing the company in the relationship with: Customers – external legal stakeholders in the collection – insurers
Minimum of B.Sc / HND in relevant discipline
At least Seven (7) years work experience in recovery management