Job Vacancy For Recovery Manager

Job Description

We are looking for a dynamic Recovery Manager to primarily oversees the collection of delinquent loans, bad debt, or non-performing loans (NPLs) to minimize financial loss for a lending institution. Key duties include developing recovery strategies, managing debt collection teams, negotiating repayments with clients, and ensuring compliance with financial regulations and bank policies

Responsibilities

• Design and implement recovery plans for delinquent and written-off loans
• Supervise collection officers, set KPIs, and ensure performance targets are met.
• Monitor credit risk trends and recommend preventive actions to reduce nonperforming loans (NPLs).
• Oversee legal recovery processes including litigation, auctions, and settlements.
• Generate daily, weekly, and monthly reports on recovery performance and portfolio health. Collaborate with branch managers, legal teams, and external recovery agents.
• Perform other tasks assigned by direct supervisor and/or head of department.
• Develop and revise policies, guidelines, and training materials based on business growth and management assignments.

Qualification Required & Experience

Requirements

• Bachelor’s degree in finance and Banking, law, business or related fields.
• Minimum 3 years’ experience in related to the loan collection function.
• Good written in English
• Strong leadership and team management.
• Advanced negotiation and conflict resolution.
• Deep understanding of credit laws and banking regulations.
• Analytical thinking and financial acumen.
• Proficiency in recovery systems and reporting tools.

How to Apply

CVs should be sent to: daracapital.humanresource@gmail.com Or call 0302-446357/ 0558-542830