Head of Recovery

Responsibilities

• Develop and execute recovery strategies to reduce non-performing loans and bad debt provisions
• Act as the primary legal strategist for the recovery department, ensuring all actions comply with financial regulations and debt collection laws
• Manage high-level engagements with external stakeholders, including law enforcement agencies, regulatory bodies, and external counsel, to expedite the resolution of non-performing loans (NPLs)
• Design the recovery organisation and supervise the hiring process for recovery talent
• Optimise the effectiveness of the recovery team by setting clear objectives and key performance indicators (KPIs)
• Continuously provide training to the recovery network in alignment with established recovery strategies and industry best practices
• Report on recovery performance and provide insights to senior management
• Collaborate with internal departments such as credit, legal, risk, and finance to align recovery efforts

Requirements

• Bachelor's degree in Law (LLB)
• Minimum 7 years of experience in debt recovery/litigation in Nigeria
• Strong knowledge of debt recovery laws, banking regulations, and court procedures in Nigeria
• At least 7 years of experience in credit recovery
• Strong network of legal and law enforcement contacts across the country
• Proven experience in leading a recovery team and managing high-value non-performing loans
• Proven experience in handling recovery in each of the 6 geo-political zones in Nigeria
• Excellent negotiation, problem-solving, and decision-making skills
• Strong analytical skills and ability to interpret financial data

Benefits

• Attractive salary
• Pension
• Health insurance
• Annual bonus
• Learning and development-focused environment with emphasis on knowledge sharing, training, and regular internal technical talks
• People-first culture prioritizing well-being of every team member