Recovery Manager Job in Port Harcourt at FairMoney

Job Overview

FairMoney is recruiting a Recovery Manager for a full-time hybrid position in Port Harcourt, Rivers State. The successful candidate will lead loan-recovery operations, oversee field teams and implement strategies aimed at recovering overdue loans and reducing non-performing loan ratios.

The position also involves enforcing credit terms in accordance with internal policies, ethical collection standards and applicable Central Bank of Nigeria regulations. The Recovery Manager will supervise field recovery officers, zonal supervisors and third-party agents while monitoring their productivity and compliance.

Applicants need a bachelor’s degree in Business, Finance, Economics, Accounting or a related discipline. They must also have more than six years of field-recovery experience in the financial lending industry, including at least two to three years in a senior leadership or field-supervision position.

Job Details

• Company: FairMoney
• Job Title: Recovery Manager
• Location: Port Harcourt,Rivers State, Nigeria
• Job Type: Full Time
• Work Arrangement: Hybrid
• Qualification: Bachelor’s degree
• Experience: More than six years
• Job Field: Risk Management and Compliance
• Salary: Not specified
• Application Deadline: Not specified

About FairMoney

FairMoney is a digital financial-services provider serving individuals and businesses in Nigeria. Its services include digital credit, accounts, savings products, payment cards and point-of-sale solutions for merchants and agents.

This Recovery Manager role supports FairMoney’s lending operations by leading field-recovery activities, improving the recovery of overdue loans and ensuring that collection practices comply with internal policies, ethical standards and applicable Nigerian regulations.

Key Responsibilities

• Develop and implement field-recovery strategies aimed at reducing portfolio risk.
• Set recovery targets, key performance indicators and daily expectations for field teams.
• Develop and monitor zonal recovery plans.
• Oversee borrower visits, skip tracing, customer-location validation and case escalation.
• Monitor overdue-loan recovery and review cases requiring restructuring or settlement.
• Approve restructuring or settlement decisions within delegated authority.
• Ensure that recovery practices comply with relevant CBN requirements, credit-risk guidelines and ethical collection standards.
• Conduct periodic reviews of field activities and investigate suspected misconduct or fraud.
• Recruit, train and supervise field recovery officers, zonal supervisors and third-party agents.
• Work with Credit, Collections, Risk, Legal, Operations and Customer Service teams.
• Prepare recovery-performance and field-activity reports for senior management.
• Improve route planning, customer tracking, reporting and field-escalation procedures.
• Develop appropriate procedures covering repossession and collateral realization.

Qualifications and Experience

Applicants should possess:

• A bachelor’s degree in Business, Finance, Economics, Accounting or a related field.
• More than six years of field-recovery experience in the financial lending industry.
• At least two to three years of experience in a senior leadership or field-supervisory role.
• Familiarity with CBN Microfinance Guidelines.
• Knowledge of debt-recovery laws.
• Understanding of ethical collection standards.

An MBA or relevant professional certification will be considered an added advantage.

What the Employer Offers

FairMoney states that the successful candidate will receive:

• Private health insurance.
• A pension plan.
• Paid time off.
• A hybrid working arrangement.
• Training and development.

Recruitment Process

The stated recruitment process consists of:

1. A screening interview with a member of the Talent Acquisition team.
2. A technical interview with the Head of In-house Collections.
3. A final interview with the Director of Merchant Lending.

Vacancy Verification

AfriJobSpace checked this vacancy against FairMoney’s Workable recruitment listing on 10 September 2026. The Recovery Manager position in Port Harcourt remained available at the time of review.

The role is described as hybrid and based in Port Harcourt. No salary amount or application deadline was specified.

Application Safety

Apply only through the FairMoney recruitment page linked to the Apply for Job button. Do not pay anyone to submit an application, arrange an interview or guarantee employment. Verify unexpected recruitment messages through FairMoney’s recognized channels.

How to Apply

Interested and qualified candidates should submit their application through FairMoney’s recruitment platform using the Apply for Job button on this page. Applicants should ensure that their CV clearly demonstrates relevant lending-sector recovery experience, field-team leadership and knowledge of ethical collection and regulatory requirements. No application deadline was specified, so candidates should confirm that the vacancy remains open before applying.