Loan Recovery Specialist

What role you will play in team:Recover outstanding loan amounts, minimizing losses for the company.

What you will do: Contact borrowers to arrange payment plans, negotiate settlements, and escalate cases as needed.

Key responsibility:

• Contact delinquent borrowers to arrange payment plans.
• Negotiate settlements with borrowers.
• Document all communication and actions taken.
• Escalate cases to legal department as needed.
• Maintain accurate records of recovery efforts.
• Meet individual and team recovery targets.

Required Qualification and Skills:

• Bachelor's degree in a related field (e.g., finance, business).
• 1-2 years of experience in loan recovery or collections.
• Excellent communication and negotiation skills.
• Strong organizational and time management skills.
• Proficiency in Microsoft Office Suite.
• Knowledge of debt recovery laws and regulations.

Benefits Included:

• Competitive salary and incentives based on performance.
• Opportunities for career progression.
• Supportive and collaborative team environment.
• Health insurance and other benefits.
• Training and development opportunities.

A Day in the Life:A day involves making calls to borrowers, negotiating payment arrangements, and documenting recovery efforts.