Collection Executive

1 - 5 years

2 - 3 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Title:

Department:

Job Summary:

The Collection Executive will be responsible for managing and recovering overdue payments from customers under the Commercial Vehicle Finance portfolio. The role involves field collections, negotiation with customers, and ensuring adherence to company policies and compliance standards.

Key Responsibilities:

  • Manage the

    collection of overdue Commercial Vehicle (CV) loans

    within assigned territory.
  • Conduct

    regular follow-ups

    with customers to ensure timely payment and reduce delinquency.
  • Visit customers’ premises for

    payment collection, settlement discussion, and repossession (if required).

  • Maintain

    daily collection reports

    and update system entries accurately.
  • Coordinate with

    regional and branch teams

    to ensure smooth recovery operations.
  • Identify and report

    potential defaulters or high-risk accounts

    to management.
  • Handle customer queries and disputes professionally, maintaining a positive company image.
  • Ensure compliance with all

    legal and regulatory guidelines

    during collection activities.

Required Skills & Qualifications:

  • Education:

    Graduate in any discipline (Commerce preferred).
  • Experience:

    1–4 years of experience in

    collections/recovery

    in NBFC, bank, or commercial vehicle finance domain.
  • Knowledge of local geography

    and language (Tamil & basic English) is mandatory.
  • Strong

    negotiation and communication skills.

  • Ability to handle pressure and achieve monthly collection targets.
  • Two-wheeler with valid driving license

    is required.

Key Competencies:

  • Target-oriented and self-motivated.
  • Customer-focused and ethical in approach.
  • Team player with good interpersonal skills.
  • Proficiency in MS Office and collection tools.

Employment Type:

Compensation:

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