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Collection executive

0 years

0 Lacs

Posted:3 weeks ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

A Collection Executive's primary responsibility is to recover outstanding debts or payments from individuals or businesses. This role involves contacting clients, negotiating payment plans, resolving discrepancies, and maintaining accurate records of all collection efforts. They must also adhere to legal and company policies related to debt collection. Here's a more detailed breakdown:Key Responsibilities: Contacting Clients: Reaching out to customers with outstanding debts via phone, email, or other methods. Negotiating Payment Plans: Working with clients to establish realistic payment arrangements and terms. Resolving Discrepancies: Investigating and resolving billing issues or payment disputes. Record Keeping: Maintaining accurate records of all collection efforts, client interactions, and payment status. Compliance: Adhering to all applicable laws and regulations, such as the Fair Debt Collection Practices Act (FDCPA). Communication: Providing clear and professional communication to clients about their outstanding debts and payment options. Reporting: Providing regular updates to management on the status of outstanding payments and collection efforts. Job Type: Full-time Pay: ₹16,000.00 - ₹18,000.00 per month Benefits: Cell phone reimbursement Health insurance Schedule: Day shift Supplemental Pay: Commission pay Work Location: In person

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