Loan Recovery / Collections Specialist Job at Renda Limited
Renda is a technology solution that aggregates and digitizes access to the end-to-end logistics and fulfillment infrastructure that enables businesses to scale seamlessly and efficiently across Africa.
We are recruiting to fill the position below:
Job Position: Loan Recovery / Collections Specialist
Job Location: Ilupeju, Lagos
Employment Type: Full-time
Description
- SCALE is Renda’s Value-Added Services (VAS) and credit platform that powers essential mobility solutions such as vehicle repairs, fueling, insurance, CNG conversion, and financing.
- Through SCALE, we support drivers, fleet owners, and operators with access to tailored financial and operational services.
- We are seeking a diligent and result-oriented Loan Collection/Recovery Specialist to support the timely repayment of loans and enforce agreed repayment terms.
- The ideal candidate will have strong interpersonal skills, persistence, and a commitment to maintaining professionalism while driving results.
Key Responsibilities
- Engage directly with SCALE beneficiaries to recover outstanding loan repayments.
- Educate beneficiaries on repayment terms, timelines, and the implications of default.
- Escalate unresolved or high-risk accounts following internal recovery protocols.
- Collaborate with the finance, risk, and VAS teams to reconcile account statuses.
- Negotiate and document revised payment plans where necessary.
- Maintain accurate logs of repayment efforts and report daily activities.
- Ensure all recovery efforts comply with company policies and regulatory standards.
Key Performance Indicators (KPIs)
- Loan recovery rate (%).
- Repayment promise-to-actual conversion rate.
- Number of successful recoveries per period.
- Accuracy and timeliness of recovery reports.
- Compliance with escalation and documentation procedures.
Key Qualifications & Requirements
- Candidates should possess relevant qualifications in a related field.
- 5 years of experience in loan collection, debt recovery, or credit control.
- Strong negotiation, communication, and problem-solving skills.
- High level of professionalism, integrity, and persistence.
- Ability to work independently, manage multiple accounts, and meet deadlines.
- Familiarity with basic reporting tools (e.g., Google Sheets, Excel).
- Fluency in English (local language proficiency is an added advantage).
Method of Application
Interested and qualified candidates should send their CV to: careers@renda.co using the Job Position as the subject of the email.
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