Financial Services

Recovery Manager At Lovonus Microfinance Bank

Lovonus Microfinance Bank·Lagos, nigeria·Full Time·Internship
Financial ServicesFull TimeInternship
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Role Description

  • The Recovery Manager is a full-time, on-site role based in Lagos State, Nigeria.
  • The role is responsible for overseeing loan recovery activities, including tracking overdue accounts, contacting clients, negotiating repayment plans, and ensuring timely collection of outstanding balances.
  • The Recovery Manager will analyze portfolio performance, identify high-risk accounts, and implement recovery strategies that align with regulatory and internal policies.
  • This role also involves preparing recovery reports, collaborating with credit and operations teams, and recommending process improvements to reduce loan defaults.
  • The Recovery Manager will ensure all recovery actions are documented accurately and conducted in a professional, ethical, and compliant manner.

Qualifications

  • Strong knowledge of loan recovery processes, credit risk management, and microfinance operations.
  • Proficiency in data analysis, portfolio monitoring, and use of banking or loan management software.
  • Excellent communication, negotiation, and conflict-resolution skills for engaging with clients and internal stakeholders.
  • Ability to interpret and apply relevant banking regulations, including CBN and microfinance guidelines.
  • Organizational and time-management skills, with attention to detail and accuracy in documentation.
  • Bachelor's degree in Banking and Finance, Accounting, Business Administration, Economics, or a related field.
  • Prior experience in loan recovery, collections, or credit control within a financial institution is highly beneficial.
  • Integrity, professionalism, and the ability to work effectively in an on-site team environment in Lagos State, Nigeria.

Key skills

BA/BSc/HND
Apply Now
Send your CV along with a cover letter tohr@lovonusmfb.com

Please use the job title as the subject line of your email.

At a glance

Company

Lovonus Microfinance Bank

Location

Lagos, nigeria

Employment

Full Time

Work style

Internship

Experience

Valid until

Not specified

Created

September 25, 2026

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