Collection Executive

1 - 5 years

0 - 3 Lacs

Posted:4 hours ago| Platform: Naukri logo

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Skills Required

Work Mode

Work from Office

Job Type

Full Time

Job Description

OB SUMMARY

  • Monitor accounts on daily Basis.
  • Collection of overdue payments
  • Investigating delinquent accounts
  • Overall portfolio management and controlling forward flow of accounts
  • Effective management of 30 Plus cases to prevent NPAs
  • Write notice warnings to customers when payments are not being made
  • Start legal action when customers fail to pay their debt

2.    ROLES & RESPONSIBILITIES

Financial Perspective:

  • Collection of overdue payments
  • Chasing payment of overdue bills and outstanding debts
  • Overall portfolio management and controlling forward flow of accounts
  • Ensuring productivity at lowest cost
  • Effective management of 30 Plus cases to prevent NPAs
  • Writing final notice warnings and advising customers
  • Initiating legal action/instituting legal action/contacting lawyers
  • Investigating delinquent accounts
  • Escalating calls
  • Hitting collection goals

Customer Perspective:

  • Respond to customer queries
  • Escalating calls for better resolution.

Process Perspective:

  • OD Management • 30 Plus Management
  • NPA Management

Development Perspective:

  • Ensuring coverage on all allocated cases and continues monitoring of Overdue customers.
  • Timely Escalation of problematic cases to immediate supervisor for further course of action

•        Ensure to be regularly updated on relevant processes

•        Aligning towards IKF Home Finance core values and mission while conducting the business.

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