A leading credit company operating in the Greater Accra Region has vacancy for the position of Credit Recovery Officer.
Recovery Officer,
We are looking for a detail-oriented Recovery Officer to join our Credit Recovery, Risk and Assessment department who will be responsible for managing the risks that arise from lending money to clients and to analyse the credit worthiness of the potential borrowers and decide whether not to extend them the loans
RECOVERY OFFICER’S DUTIES
Monitor allocated portfolio of delinquent loans facilities to determine reasons for delinquency by application of sound credit judgment, collections strategy and process within pre-determined broad policy guidelines and regulation to minimize credit losses.
Maintain a loan ageing analysis, schedule, and follow up with the investees on recoverability of outstanding loan balance; Prepare approval requests to management for negotiated settlements and follow up until account is fully settled and the balance paid off.