Recovery and Development Officers

The Recovery and Development Officer position at Margadarsi Chit Fund Pvt Ltd. requires a dedicated individual to join the team in Miriyalalguda. As a full-time role, you will be responsible for engaging with clients to facilitate debt recovery and contribute to business development. The key aspects of this role include negotiation, debt collection, and problem-solving skills. To excel in this position, you must possess excellent negotiation skills to effectively communicate and reach settlements with clients. Strong capabilities in debt collection practices are crucial for efficient recovery of dues and maintaining cash flow. Proficient problem-solving skills will be essential for identifying issues and implementing solutions swiftly. Moreover, experience with customer relationship management systems is beneficial for maintaining and enhancing client interactions. The ability to develop new business opportunities will contribute to expanding the company's market presence. Strong interpersonal skills are required to build and maintain relationships with clients, ensuring long-term customer loyalty. Additionally, good communication skills are necessary to convey information clearly and effectively to clients and team members. A high level of integrity and professionalism is expected in handling sensitive financial information. As a Recovery and Development Officer, your responsibilities will include conducting negotiations to settle overdue accounts and maintain positive client relationships. Developing strategies for new business acquisition and expanding the client base will be vital. Utilizing CRM systems to track client interactions and manage relationships effectively is part of the role. Providing timely reports on recovery status and business development progress to management is essential. Collaborating with the financial team to align recovery and development efforts with company objectives is crucial. Addressing and resolving any disputes or concerns raised by clients professionally and efficiently is also expected. Ensuring compliance with company policies and legal guidelines during all recovery activities is a key aspect of the role.,