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 Bang, 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