Company: Moniepoint Group
Location: Lagos, Lagos State, Nigeria
Job Type: Full-time
Work Mode: On-site
Industry: Financial Technology (FinTech)
Experience: Minimum of 7 years
Salary: Not Specified
Job Overview
Moniepoint Group is recruiting a highly experienced Head of Recovery to lead its debt collection and recovery operations across Nigeria. The successful candidate will be responsible for designing and executing a comprehensive debt recovery strategy aimed at reducing Loss Given Default (LGD) across both business and consumer lending portfolios. This leadership role requires expertise in credit recovery, legal recovery processes, portfolio management, and team development.
Key Responsibilities
- Design and implement a segmented debt collection framework based on product type, loan size, and delinquency stage.
- Build and lead the debt collection organisation, including recruitment, systems implementation, and operational processes.
- Develop legal recovery strategies while ensuring compliance with financial regulations and debt recovery laws.
- Manage relationships with external legal counsel, law enforcement agencies, and regulatory bodies.
- Design performance frameworks, KPIs, and incentive structures for collections and recovery teams.
- Train and develop recovery personnel in line with industry best practices.
- Prepare recovery performance reports covering recovery rates, recovery costs, and LGD trends.
- Collaborate with credit, legal, risk, and finance teams to improve portfolio performance and recovery outcomes.
Requirements
- Bachelor’s degree in a relevant discipline (LLB is an added advantage).
- Minimum of 7 years’ experience in credit or debt recovery, including leadership of a recovery function.
- Strong experience managing both corporate loan recovery and digital retail collections.
- Sound knowledge of Nigerian debt recovery laws, banking regulations, and legal procedures.
- Experience with digital collections systems, CRM platforms, diallers, and behavioural collection strategies.
- Proven ability to design and scale a debt recovery function.
- Experience managing nationwide recovery operations across Nigeria.
- Excellent analytical, negotiation, leadership, and decision-making skills.
Required Skills
- Loan Recovery and Collections Strategy
- Credit Risk Management
- Data Analytics and Portfolio Reporting
- Digital Collections Tools and Automation
- Negotiation and Conflict Resolution
- People and Performance Management
- Organisational Design and Team Leadership
Benefits
- Competitive salary and attractive benefits package
- Pension scheme
- Health insurance
- Annual bonus
- Learning and development opportunities
- Inclusive and collaborative work environment
Hiring Process
- Preliminary phone interview with the recruiter
- Interview with a Credit Business Lead
- Behavioural and technical interview with a member of the Executive Team
How to Apply
Interested and qualified candidates should apply online via the link below:
https://www.linkedin.com/jobs/view/4370638451
Application Closing Date: Not Specified