About this role
Loan Monitoring & Recovery Officer
Posted: Oct 29, 2026 Expires: Nov 13, 2026 View Jobs in Banking / Financial Services
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Loan Monitoring & Recovery Officer
- Job Type Full Time
- Qualification BA/BSc/HND
- Experience 3 years
- Location Abuja , Nasarawa
- Job Field Sales and Business Development
Summary
- The Loan Monitoring & Recovery Officer will be responsible for overseeing the active loan portfolio to ensure timely repayments, assessing client financial health, and implementing strategies to recover overdue loans.
- The role includes conducting due diligence on loan applications, validating guarantors and collateral, initiating recovery actions when necessary, and ensuring compliance with internal policies and regulatory standards.
Job Responsibilities
- Oversee active loan portfolio to ensure timely repayments
- Regularly assess clients financial health and business performance
- Conduct thorough due diligence on loan application to confirm the authenticity of provided informationvalidate client’s collateral and assess associated risks
- Validate all employee’s guarantors in good standing
- Implement strategies to recover overdue loans, including client engagement and restructuring repayment plans
- Initiate legal/law enforcement proceedings when necessary to recover defaulted amounts
- Prepare detailed reports on loan performance, highlighting areas of concern and recommending corrective actions
- Maintain accurate records of all monitoring ,verification, and recovery activities
- Ensure all loan processes adhere to internal policies and regulatory standards
- Stay updated on relevant financial regulations and industry best prices
- Build and maintain strong relationship with clients to foster trust and facilitate effective communication
- Provide financial counseling to client facing repayment challenges
- Report to C-Suites Executive.
Qualifications
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Interested candidates should possess a Bachelor`s Degree with 3 years experience.
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