GTI Microfinance Limited
GTI Microfinance Limited is a reputable financial institution established in 2007 and commenced operations in 2008. In 2013, it became a licensed State-Wide Microfinance Bank, with its Head Office located at No. 4 Tinubu Street, Central Business District, Marina, Lagos. The bank also operates branches in Mushin, Abattoir (Agege), Surulere, and Arena.
We are currently seeking a qualified and experienced Recovery Officer to join our team and play a vital role in managing and reducing non-performing loans.
Location: Marina, Lagos
Employment Type: Full-time
Key Responsibilities
- Actively follow up with key debtors to address and resolve loan repayment issues before defaults occur
- Recover and repossess assets from defaulting loan clients including vehicles and other secured properties
- Monitor the bank’s loan portfolio to identify, resolve, and reduce non-performing loans
- Conduct routine visits, calls, and site follow-ups to enforce agreed recovery strategies
- Issue demand notices to customers with overdue loan accounts
- Review credit files to ensure proper documentation and support recovery efforts
- Provide timely progress updates on all recovery efforts and customer interactions
- Collaborate with recovery agencies and track assigned accounts for full repayment
- Manage and follow up on overdue obligations and expired loans
- Work with the legal department to initiate asset sales for loan recovery where necessary
- Develop and recommend effective recovery strategies to the Team Lead
- Prepare payment vouchers for loan deductions and remittances to business partners
Qualifications
- A Bachelor’s Degree in a relevant field
- 3 to 5 years of experience in loan recovery or a similar role
Application Deadline
24th April, 2025
How to Apply
Qualified candidates should send their CV Use Recovery Officer as the email subject
To apply for this job email your details to career@gti.com.ng