Legal Officer / Recovery Manager (Financial Service / Microfinance Experience)
Location: Ikeja, Lagos
Employment Type: Full-time
Description
- The Legal Officer will support the organization’s debt recovery efforts by managing delinquent loan accounts, coordinating enforcement actions, and ensuring all recovery activities comply with applicable laws and internal policies.
- The role requires a practical understanding of loan recovery processes, legal documentation, and collaboration with external solicitors to minimize credit losses and improve recovery outcomes.
Key Responsibilities
Loan Recovery & Collections:
- Support the execution of recovery strategies for overdue and non-performing loans.
- Follow up on delinquent accounts and engage borrowers to drive repayments.
- Negotiate and structure repayment plans in line with company policies.
- Monitor assigned loan portfolio and escalate high-risk cases when necessary.
- Maintain accurate records of recovery activities and borrower communications.
- Prepare periodic recovery status reports.
Legal Coordination & Enforcement:
- Assist in initiating recovery actions, including demand notices and enforcement steps.
- Coordinate with external solicitors on litigation and recovery cases.
- Track ongoing legal cases and ensure timely follow-ups.
- Support collateral documentation review and basic due diligence checks.
Compliance & Documentation:
- Ensure recovery activities comply with internal policies and regulatory requirements.
- Assist in reviewing loan and recovery-related documents for accuracy and completeness.
- Maintain proper documentation and filing of legal and recovery records.
Internal Collaboration:
- Work closely with the credit and operations teams to resolve delinquent accounts.
- Provide basic legal input on recovery-related matters when required.
Qualifications & Experience
- Bachelor of Laws (LL.B) and Barrister-at-Law (BL) qualification.
- 3–5 years post-call experience in legal practice, recovery, or credit administration.
- Experience in a financial institution, microfinance bank, or law firm is an advantage.
- Basic understanding of debt recovery processes and loan documentation.
Core Competencies:
- Good negotiation and communication skills.
- Basic knowledge of debt recovery and enforcement processes.
- Attention to detail in documentation and case tracking.
- Ability to manage multiple cases with supervision.
- Professionalism and integrity.
Compensation & Benefits
- N250,000 monthly salary
- Health insurance coverage.
- Employer contributory pension scheme.
Application Closing Date
16th May, 2026.
How to Apply
Interested and qualified candidates should forward their CV to: careers@elizabethmaddeux.com Using “Legal Officer/Recovery” as the subject of the email.