Team lead – Collections at Fairmoney Microfinance Bank

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: Team lead – Collections

Location: Lagos
Job type: Full-time

Job Description

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  • We are looking for a competent Team lead for Loan collection to support the team in achieving their target of contacting clients and collecting outstanding payments.
  • You will strike a balance between maintaining trustful relationships and ensuring timely payments.
  • You should exhibit professionalism and trustworthiness.
  • You should have excellent communication and negotiation skills, as well as an ability to guide and lead a team of Collectors.

Responsibilities

  • Training and coaching of collections specialists.
  • Driving the performance of the Collections team.
  • Monitor accounts to identify outstanding debts
  • Investigate historical data for each debt or bill.
  • Handle escalations from customers and collections specialists.
  • Find and contact clients to ask about their overdue payments.
  • Take actions to encourage timely debt payments.
  • Process payments and refunds.
  • Resolve billing and customer credit issues.
  • Update account status records and collection efforts.
  • Report on collection activity and accounts receivable status.

Requirements

  • A minimum of 3 years of experience in a similar domain with at least 1 year of dedicated experience as a Team Lead.
  • Knowledge of billing procedures and collection techniques (e.g. skip tracing).
  • Familiarity with laws related to debt collection (e.g. FDCPA).
  • Working knowledge of MS Office (Intermediate level user) and ability to query databases (SQL), is a huge advantage.
  • Comfortable working with targets.
  • Patience and ability to manage stress.
  • Excellent communication skills (written and oral).
  • Highly skilled in negotiation.
  • Problem-solving skills.
  • Data analysis skills.
  • Highly intellectual (at least a 2:2 or its equivalent).
Also Read  DOT Microfinance Bank Internship & Exp. Job Vacancies (4 Positions)

Benefits

  • Private Health Insurance
  • Paid Time Off
  • Pension Plan
  • Work From Home
  • Training & Development.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Recruitment process

  • A screening call with the Recruiter for 30 minutes.
  • Technical interview with the Hiring Manager for 30-45 minutes.

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