Head of Recovery

About the Role The Head of Recovery is a strategic leadership role responsible for architecting and executing Moniepoint’s debt recovery framework. As a qualified legal professional, you will ensure minimal credit losses by optimizing the recovery unit’s efficiency through a blend of rigorous legal strategy and operational excellence. You will develop comprehensive recovery strategies, design the organizational structure of the recovery unit, and recruit high-caliber talent. Your deep legal expertise in debt litigation and asset recovery will be vital in navigating complex delinquency cases. What You'll Do

• 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. What We're Looking For
• 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. Compensation & Benefits
• Culture: We put our people first and prioritize well-being, with voices heard and respected.
• Learning: A learning and development-focused environment with knowledge sharing and regular internal talks.
• Compensation: Attractive salary, pension, health insurance, annual bonus, and other benefits.