Debt Recovery / Credit Manager at Winock Solar Nigeria Limited April, 2022

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Job Objective

  • Oversee the corporate’s lending course of, creating credit score scoring fashions, setting mortgage phrases and figuring out rates of interest; decrease dangerous money owed and improve revenues from loans.

Key Responsibilities
The Job obligations embrace with out limitation, the next:

Debt Recovery:

  • Recover dangerous money owed from delinquent debtors.
  • Obtain delinquent experiences for all assigned defaulting portfolios and handle the restoration course of.
  • Reduce the non-performing loans
  • Design work-out cost plans for debtors
  • Develop choices and options that assure an efficient restoration course of, by devising custom-made restoration methods on a case by case foundation.
  • Respond and implement the agency’s coverage points to purchasers, corresponding to fraud, breach of contract and so on.
  • Maintain acceptable and complete data of buyer discussions.
  • Manage all belongings (automobiles, income-generating belongings, private belongings and inventories) offered for repossession in step with the agency’s processes and procedures.
  • Maintain confidentiality whereas dealing with buyer enquiries and knowledge.
  • Deliver prime quality, environment friendly, responsive {and professional} service throughout the restoration course of that portraits the agency’s moral conduct.

Credit Manager Responsibilities:

  • Conduct thorough evaluation of monetary statements and evaluation of credit score requests, together with new requests, modified requests, refinancing and annual due diligence.
  • Acts as a liaison between monetary establishments, people and companies making use of for loans , in addition to course of mortgage application
  • Research and consider purchasers’ creditworthiness
  • Present evaluation, findings, and proposals to managers, particularly findings that contain a borrower’s capability to repay
  • Create credit score scoring fashions, each mathematical and statistical ones that immediately relate to the chance being measured or predicted danger.
  • Approve or reject mortgage requests, primarily based on credibility and potential revenues and losses
  • Calculate and set rates of interest
  • Monitor funds

Qualifications and Experience

  • Graduate (BSc) diploma or HND in any subject.
  • Having subject work expertise with minimal 5 years expertise
  • Having related expertise is an added benefit.

Functional Competencies and Skills:

  • Effective communication / interpersonal abilities with individuals in any respect ranges, together with capability to make use of tact, diplomacy and persuasiveness
  • Strong management negotiation and downside fixing abilities
  • Detailed information of required documentation and a radical information of Lien Laws that govern the transactional relationship between the Customer and the Company
  • Knowledge of contract funds
  • Understanding of monetary and debt evaluation
  • Knowledge of micro, small and medium enterprise market.
  • Attention to particulars and analytic ability
  • Effective Time Management abilities
  • Effective communication abilities
  • Confidentiality and moral attributes
  • Working information of Microsoft workplace suite
  • Customer relationship administration abilities
  • Working information of Business and CRM softwares particularly SugarCRM, Quickbooks.

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