Recovery Manager at Max Drive

Max Drive – We are a team of passionate people and a leading technology-enabled company driven by a vision to solve the mobility challenges in Africa. We want to get people and goods to their destinations hitch-free. It is personal for us because we understand the frustration of epileptic transportation. We are making mobility safe, affordable, accessible, and sustainable through the deployment of high-performance technologies and operators.

We are recruiting to fill the position below:

Job Title: Recovery Manager

Location: Ibadan, Oyo
Job Type: Full time
Department: Finance

Job Description

Recovery Manager ensures end to end recovery process and ensures delivery against targets. Manager also provides insight and direction to the team.
This position will demonstrate the ability to lead and train others.

What You’ll Do

Lead recovery activities across all cities and new location.
Handles special credit arrangements and deviations from standard terms of payment.
Reviews debt recovery process’s effectiveness and policies.
Select and manage an effective process of outsourcing seriously past due accounts referred monthly to external debt agency services by analyzing the selection, monitoring the collection performance and assuring a reasonable rate of return.
Execute all asset recovery logistics with applicable external service providers (e.g., repossession companies, bailiffs, external legal counsel, auctioneers) against budget and effectively troubleshoot unforeseen issues/problems that may arise.
Engage with guarantors to negotiate reasonable settlements on post-recovery shortfall amounts and/or collaborate with legal/external counsel in executing the legal strategy of asserting and enforcing legal claims.
Ensure training plans and documentation are up to date and in place for collections of receivables and applications.
Staff Development: Involvement in the career development of the team and any staffing decisions.
Leadership: effectively lead, manage and develop collections teams across current and new city launches.

Requirements

3 – 5+ years of proven experience with at least one year in a managerial role and credit
Asset recovery/insolvency background
Strong execution skills
Ability to effectively communicate to different audiences in different functions in multiple geographic locations.
Knowledge of Credit Risk fundamental principles and their application to collections and recoveries strategy
Strong Excel skills, especially with pivot tables and data manipulation/presentation
Exceptional organizational, time management, and problem-solving skills
Must be able to perform independently, be self-motivated, and demonstrate initiative.
Ability to work on big data and generate insight for decision making.

Benefits