Recovery Manager Job

Fina Trust Microfinance Bank, a member of LOLC Group with corporate Head Office in Colombo - Sri Lanka, is one of Nigeria’s foremost Microfinance Banks. Its operating license was secured from the Central Bank of Nigeria (CBN) in September 2009 as a Microfinance Bank. Fina Trust Microfinance Bank has built a resounding success on excellent service delivery in a uniquely customer friendly environment through professional staff, leveraging on world-class technology. A continuous investment in information technology and in people sets the bank apart from others.

We are recruiting to fill the position below:

Job Position: Recovery Manager

Job Location: Ikeja, Lagos
Employment Type: Full-time

Job Summary

• The Recovery Manager is responsible for managing the bank’s delinquent loan portfolio, driving effective collections and recovery strategies, and minimizing credit losses.
• The role focuses on reducing Portfolio at Risk (PAR) and Non-Performing Loans (NPLs), while ensuring compliance with regulatory standards and maintaining positive customer engagement where possible.

Key Responsibilities

• Develop and implement recovery strategies for overdue loans
• Manage and supervise recovery teams and field collectors
• Drive collections and recovery performance across all loan segments
• Oversee legal recovery and repossession processes
• Monitor portfolio performance and provide recovery reports
• Collaborate with Credit, Risk, and Operations teams

Key KPIs

• Recovery Rate
• Reduction in PAR & NPL
• Amount Recovered vs Target
• Cost of Recovery

Requirements

• 7–10 years experience in credit/recovery (microfinance or banking) in Recovery
• Strong leadership, negotiation, and analytical skills
• Knowledge of CBN regulations and lending practices

Salary
N800,000 - N1,000,000 / month.

Method of Application
Interested and qualified applicant should send their application [email protected]; CC: [email protected] using the Job Position as the subject of the mail.