Credit Risk & Collections Manager at Kara Finance Limited | Torre

Credit Risk & Collections Manager

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Full-time
Base compensation
USD80 - 110/month

+ Commissions (~ USD30 /month)

+ Bonuses (up to 20% of base compensation)

Negotiable
location_on
18 Olatunde Ayoola Avenue, Lagos, Nigeria
Posted 11 months ago

Responsibilities


Key Responsibilities * Develop and implement credit monitoring and early warning systems. * Supervise recovery team operations and design field visit schedules. * Review daily repayment trends; flag high-risk customers early. * Define escalation steps for missed repayments (call → visit → demand letter). * Maintain a weekly Loan Risk Dashboard for management and bank partners. * Liaise with Legal on chronic delinquent cases and repossessions. * Train verification officers and loan officers on risk assessment standards. Required Qualifications * 3 or more years in credit risk, collections, or microfinance lending. * Strong knowledge of CBN loan recovery guidelines. * Experience managing field teams. KPIs * Portfolio at Risk (PAR) < 10%. * 70%+ repayments recovered within 72 hours of default. * Reduction in chronic delinquent accounts by 30–40%. * Timely weekly and monthly risk reports to partners.