FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.
We are recruiting to fill the position below:
Job Title: Legal Repossession Manager Dreamjob finder
Location: Lagos
Employment Type: Full-Time
Discover moreFree job postinginternshipAfricans & DiasporaRole Overview
The Legal Repossession Manager is a multifaceted role responsible for managing and minimizing credit losses by ensuring effective vendor and litigation monitoring, as well as overseeing the efficient management of the Bank’s repossession processes and assets.
The role also involves supporting legal matters, assisting repossession officers, and managing vendors.
Key ResponsibilitiesEvaluate delinquent accounts and recommend effective legal recovery actions or strategies.
Maintain and update litigation portfolio records, including the release of legal documents.
Obtain approvals and release original title documents to successful buyers of assets or properties.
Provide clear guidance to ensure that properties and assets listed for sale are under the Bank’s absolute authority to sell, free from any encumbrances.
Conduct physical inspections and ensure complete documentation of properties and assets newly proposed for sale prior to listing.
Review reports from Debt Recovery Agents and provide necessary feedback or responses.
Oversee effective and efficient repossession and disposal processes, ensuring the availability of secured storage facilities and the realization of attributable security.
Operate within delegated authority levels, ensuring sufficient mandates to perform daily operations.
Manage recoveries related to the write-off portfolio.
Address and resolve customer queries efficiently.
RequirementsFirst Degree in law
Relevant professional certifications on Risk and Collections is a plus
Proven experience in field collections, recovery processes and, repossessions
Strong analytical skills with the ability to assess complex risks and develop effective mitigation strategies across multiple risk types.
Excellent communication and interpersonal skills with the ability to collaborate effectively with cross-functional teams and interact with stakeholders at all levels.
Proficiency in data analytics.
BenefitsPrivate Health Insurance
Performance Bonus
Pension Plan
Training & Development.
Application Closing DateNot Specified.
How to Apply
Interested and qualified candidates should:Click Apply Now button to apply
Recruitment Process
A screening call with a member of the recruitment team for 30 minutes.
Technical Interview with key stakeholders
Final interview with the hiring manager
How To Apply
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Make sure you are logged in and your email is verified (Register if you dont have an account).
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Click the Apply Now button above.
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Your default email application or the application link will open.
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Attach your Application letter, updated Curriculum Vitae (CV) and any supporting documents required.
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Use a professional subject line such as Application for "Indicate Position"
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Make sure to send your application before the closing date.
Note: Only shortlisted candidates are contacted.
