Collections Executive - Retail MFB - Collections

2 - 7 years

3 - 7 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

We are looking for a highly motivated and experienced Collections Executive to join our team in Rajahmundry. The ideal candidate will have 2 to 7 years of experience driving the collection process of receivables across multiple sources, reducing total outstanding and associated average number of days while maintaining client partnerships.
Roles and Responsibility
  • Negotiate payment schedules with customers based on their current financial situation and debt obligations.
  • Track portfolio for specific buckets and control delinquency, focusing on non-starters and providing efficient customer service regarding collection issues.
  • Review account adjustments, resolve client discrepancies, and short payments, ensuring timely updates in customer account details.
  • Monitor and maintain customer account details for non-payments, delayed payments, and other irregularities, making necessary calls and adjustments.
  • Ensure compliance with all Audit/Regulatory bodies and company policies and procedures.
  • Coordinate with the agency''s tracing team to trace defaulters and assets, suggesting remedial actions.
  • Job
  • Graduate degree required.
  • Minimum 2 years of experience in collections or a related field.
  • Possess strong knowledge of banking operations, financial services, and broking.
  • Demonstrate excellent communication and negotiation skills.
  • Ability to work effectively in a fast-paced environment and meet deadlines.
  • Exhibit strong analytical and problem-solving skills.
  • Proficient in MS Office and other relevant software applications.
  • Additional Info
    The selected candidate will be responsible for identifying defaulting accounts and investigating reasons for default while continuing to maintain a healthy relationship with the customer.

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