Assistant Manager- National Collection

2 - 7 years

10 - 14 Lacs

Posted:1 month ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

  • Collaborating on debt collection efforts with Accounts, Sales, and the Legal Department on highly delinquent accounts.
  • Developing debt collection strategies and plans.
  • Adhering to the FDCPA throughout the debt collection process.
  • Contacting debtors by telephone to enact and negotiate debt recovery.
  • Searching publicly available databases to track down defaulters, including Credit Bureau information, background checks web portals like D&B , Equifax etc.
  • Preventing repeated payment delinquency by negotiating manageable debt payments.
  • Negotiating settlements to receive payment on a certain percentage of the debt.
  • Keeping copies and electronic records of all communications, payment plans agreed to, and amounts paid.
  • Support legal affidavits, formalizing payment plans, coordinate with legal or third party agencies on AEE (all effort exhausted cases)
  • Supply communication proofs, contracts etc. as in when needed for court proceedings.
  • Initiating legal and repossession proceedings if debt recovery fails.

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