Collections Officer

Department Icon BFSI (Operations & Lending)
Posted: 1 year ago
1-2 years
Hyderabad
BFSI (Operations & Lending)
Hybrid
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: You'll be responsible for contacting borrowers who are behind on their loan payments and working with them to establish repayment plans.

What you will do: You will manage delinquent accounts, negotiate payment arrangements, and ensure compliance with all regulatory guidelines.

Key responsibility:

  • Contact borrowers with delinquent accounts.
  • Negotiate repayment plans.
  • Maintain accurate records of collection activity.
  • Adhere to all regulatory compliance guidelines.
  • Escalate problematic accounts to management.
  • Maintain a high level of customer service, while remaining firm and professional.

Required Qualification and Skills:

  • High school diploma or equivalent.
  • Excellent communication and interpersonal skills.
  • Experience in debt collection (preferred).
  • Strong organizational and time management skills.
  • Knowledge of debt collection laws and regulations.
  • Proficiency in using collection software.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for career advancement.
  • Training and development opportunities.
  • Health Insurance
  • Paid time off

A Day in the Life: A typical day involves making calls to borrowers, negotiating repayment plans, and updating account information.

Skills

Debt CollectionCustomer ServiceNegotiationComplianceCommunication

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