Head of Recovery

Who we are Moniepoint Inc. is Africa’s all-in-one financial platform, helping 20 million businesses and individuals access seamless payments, banking, credit, cross-border, and business management tools each month. As Nigeria’s largest merchant acquirer, we power most of the country’s point-of-sale (POS) transactions. Through our subsidiaries, Moniepoint Inc. processes over $250 billion in digital payment transaction value annually. About the role The Head of Recovery is a strategic leadership role responsible for architecting and executing Moniepoint’s debt recovery framework. As a qualified legal professional, you will ensure minimal credit losses by optimizing the recovery unit’s efficiency through a blend of rigorous legal strategy and operational excellence. In this capacity, you will develop and implement comprehensive recovery strategies, design the organizational structure of the recovery unit, and recruit high-caliber talent. Your deep legal expertise in debt litigation and asset recovery will be vital in navigating complex delinquency cases. You will leverage a data-driven approach to evaluate the efficacy of recovery tactics and personnel performance. What you’ll get to do Develop and execute recovery strategies to reduce non-performing loans and bad debt provisions. Act as the primary legal strategist for the recovery department, ensuring all actions comply with financial regulations and debt collection laws. Manage high-level engagements with external stakeholders, including law enforcement agencies, regulatory bodies, and external counsel, to expedite the resolution of non-performing loans (NPLs). Design the recovery organisation and supervise the hiring process for recovery talent Optimise the effectiveness of the recovery team by setting clear objectives and key performance indicators (KPIs). Continuously provide training to the recovery network in alignment with established recovery strategies and industry best practices. Report on recovery performance and provide insights to senior management. Collaborate with internal departments such as credit, legal, risk, and finance to align recovery efforts. Qualifications Bachelor’s degree in Law (LLB) Minimum 7 years of experience in debt recovery/litigation in Nigeria Strong knowledge of debt recovery laws, banking regulations, and court procedures in Nigeria. At least 7 years of experience in credit recovery Strong network of legal and law enforcement contacts across the country Proven experience in leading a recovery team and managing high-value non-performing loans Proven experience in handling recovery in each of the 6 geo-political zones in Nigeria Excellent negotiation, problem-solving, and decision-making skills. Strong analytical skills and ability to interpret financial data Relevant Skills Loan Recovery Credit risk management Data analytics and statistics Negotiation and Conflict Resolution People Management Performance Management Training and People Development What we can offer you Culture -We put our people first and prioritize the well-being of every team member. We’ve built a company where all opinions carry weight and where all voices are heard. We value and respect each other and always look out for one another. Above all, we are human. Learning - We have a learning and development-focused environment with an emphasis on knowledge sharing, training, and regular internal technical talks. Compensation - You’ll receive an attractive salary, pension, health insurance, annual bonus, plus other benefits. What to expect in the hiring process A preliminary phone call with the recruiter An interview with one of our credit business leads A behavioral and technical interview with a member of the Executive team. Moniepoint is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and candidates.