Career Detail

LOLC (CAMBODIA) Plc. is one of the top licensed microfinance institutions in Cambodia with a social vision and a business orientation that provides entrepreneurs and families at the base of the socio-economic pyramid with economic opportunities to transform the quality of their lives and their communities through the provision of effective and sustainable client-empowering financial services. To support the rapid growth of our operations, LOLC is recruiting the following position:

Head of Business Revival Department (Head of Loan Recovery)

Main Responsibilities:

Develop and disseminate business revival policies and strategies to all branches to support distressed borrowers.
Identify viable businesses facing financial difficulties and design tailored revival plans.
Assess financial distressed clients and recommend appropriate solutions such as developing new repayment plans, refinancing or restructuring loans to aid recovery.
Develop and implement effective loan recovery policies, strategies, and procedures.
Design and execute action plans for loan recovery, including legal actions if necessary.
Ensure adherence to all regulatory guidelines and legal frameworks in loan recovery processes.
Follow up branch for submitting court cases.
Keep updated with relevant laws and policies affecting loan recoveries.
Maintain accurate records of recoveries, outstanding loans, and collection activities.
Prepare regular reports for senior management on the status of loan recoveries.
Supervise and lead the loan recovery and litigation team, ensuring high performance and motivation.
Provide training and guidance to own staff on collection strategies and customer handling.
Set performance targets for the team and branch; then monitor progress against key metrics.
Performance other tasks assigned by management.

Qualifications and Requirements:

BA/MBA in Law, Finance and Bank, Management or equivalence.
Minimum of five 05-year field experience in loan recovery.
Strong analytical and financial assessment skills.
Excellent negotiation, problem-solving, and decision-making skills.
Leadership and team management abilities.
Deep understanding of banking regulations, credit risk management, and insolvency laws.
Deep understanding of loan collection techniques and legal debt recovery processes.
Ability to work under pressure and handle difficult conversations professionally.

How to Apply For:

Please submit your Cover Letter, CV and relevant documents to any branches nearby your locations or head office of LOLC (Cambodia) Plc. or via email: [email protected]

096 4211 999/087 400 277

LOLC (Cambodia) Plc. has been serving Cambodian public and society for over 30 years, and has been recognized by both local and international financial authorities. Our products and services are committed to improving the livelihood of Cambodian customers.

#666B, Street 271, Kbal Tumnub Muoy Village, Sangkat Boeng Tumpun 2, Khan Mean Chey, Phnom Penh, Cambodia.