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Team Lead - Collections

FairMoney

FairMoney

Lagos, Nigeria
Posted on Thursday, June 6, 2024

FairMoney is a credit-led mobile bank for emerging markets. The company was launched in 2017, operates in Nigeria, and raised close to €50m from global investors like Tiger Global, DST & Flourish Ventures. The company has offices in France, Nigeria, Germany, Latvia, the UK, Türkiye, and India.
Watch the way FairMoney is building Africa’s money story here

We are looking for a competent Team lead for Loan collection to support the team in achieving their target of contacting clients and collecting outstanding payments. You will strike a balance between maintaining trustful relationships and ensuring timely payments. You should exhibit professionalism and trustworthiness. You should have excellent communication and negotiation skills, as well as an ability to guide and lead a team of Collectors.

Responsibilities

  • Training and coaching of collections specialists.
  • Driving the performance of the Collections team.
  • Monitor accounts to identify outstanding debts
  • Investigate historical data for each debt or bill.
  • Handle escalations from customers and collections specialists.
  • Find and contact clients to ask about their overdue payments.
  • Take actions to encourage timely debt payments.
  • Process payments and refunds.
  • Resolve billing and customer credit issues.
  • Update account status records and collection efforts.
  • Report on collection activity and accounts receivable status.