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Finance & FinTech
Description
Bachelor’s degree in Law (LLB)
Minimum 7 years of experience in debt recovery/litigation in Nigeria
Strong knowledge of debt recovery laws, banking regulations, and court procedures in Nigeria.
At least 7 years of experience in credit recovery
Strong network of legal and law enforcement contacts across the country
Proven experience in leading a recovery team and managing high-value non-performing loans
Responsibilities
Develop and execute recovery strategies to reduce non-performing loans and bad debt provisions.
Act as the primary legal strategist for the recovery department, ensuring all actions comply with financial regulations and debt collection laws.
Manage high-level engagements with external stakeholders, including law enforcement agencies, regulatory bodies, and external counsel, to expedite the resolution of non-performing loans (NPLs).
Design the recovery organisation and supervise the hiring process for recovery talent
Optimise the effectiveness of the recovery team by setting clear objectives and key performance indicators (KPIs).
Continuously provide training to the recovery network in alignment with established recovery strategies and industry best practices.
Report on recovery performance and provide insights to senior management.
Collaborate with internal departments such as credit, legal, risk, and finance to align recovery efforts.
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