Collections Officer

Department Icon BFSI (Operations & Lending)
Posted: 1 year ago
1-2 years
Delhi NCR
BFSI (Operations & Lending)
Work From Home
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 a key member of the collections team, working to recover outstanding loan payments and maintaining positive customer relationships.

What you will do: You will contact borrowers who are behind on payments to arrange repayment plans and prevent loan defaults.

Key responsibility:

  • Contact delinquent borrowers via phone, email, and mail.
  • Negotiate payment arrangements and repayment plans.
  • Maintain accurate records of all collection activities.
  • Escalate difficult cases to senior team members.
  • Adhere to all legal and regulatory requirements.
  • Contribute to maintaining high recovery rates.
  • Work within a team to achieve collection goals.

Required Qualification and Skills:

  • Bachelor's degree or equivalent experience.
  • Strong communication and negotiation skills.
  • Experience in collections or customer service preferred.
  • Ability to work independently and as part of a team.
  • Excellent time management and organizational skills.
  • Proficiency in using CRM software.
  • Knowledge of debt collection laws and regulations.

Benefits Included:

  • Competitive salary and benefits.
  • Opportunities for career advancement.
  • Supportive team environment.
  • Training and development opportunities.

A Day in the Life: A day includes making many calls, sending emails, negotiating payment plans and meticulously documenting all communications with borrowers.

Skills

Debt CollectionCustomer CommunicationNegotiationCRM SoftwareLegal Compliance

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