Home
Jobs
Companies
Resume

COLLECTION OFFICER

0 - 3 years

1 - 4 Lacs

Muktsar

Posted:5 days ago| Platform: Naukri logo

Apply

Skills Required

debt collection team management credit collection debt recovery customer service documentation collection management recovery reconciliation recovery operations collections compliance debtors debt management finance communication skills

Work Mode

Work from Office

Job Type

Full Time

Job Description

Debt Collection: Contact customers or clients with overdue payments to negotiate and collect outstanding debts in a professional and respectful manner Payment Arrangements: Work with debtors to establish repayment plans, settlements, or alternative payment solutions that align with their financial circumstances Account Review: Review and analyze debtor accounts to assess their financial status, payment history, and creditworthiness Communication: Maintain regular communication with debtors through phone calls, emails, or letters to encourage timely payments and resolve payment disputes Documentation: Maintain detailed records of all collection activities, payment arrangements, and debtor interactions Compliance: Ensure collection practices comply with relevant laws, regulations, and company policies, including fair debt collection practices Reporting: Prepare and submit regular reports on collection activities, outstanding debts, and recovery rates Escalation: Escalate accounts to legal or higher management when necessary, following established protocols Customer Service: Provide excellent customer service to debtors by addressing inquiries, concerns, and providing information about payment options Reconciliation: Reconcile payments received with outstanding balances, updating records accordingly

More Jobs at LTFinance

ML OFFICER

Udayarpalayam

1.0 - 4.0 yrs
|

INR 4 - 7 Lacs

LAP-FLO Professional

Kheda

3.0 - 7.0 yrs
|

INR 4 - 7 Lacs

ML OFFICER

Cheyyar

1.0 - 4.0 yrs
|

INR 4 - 7 Lacs

ML OFFICER

Tindivanam

1.0 - 4.0 yrs
|

INR 4 - 7 Lacs

COLLECTIONS OFFICER

Alangulam

Experience: Not specified

|

INR 4 - 7 Lacs

Mock Interview

Practice Video Interview with JobPe AI

Start Debt Collection Interview Now

My Connections LTFinance

Download Chrome Extension (See your connection in the LTFinance )

chrome image
Download Now
LTFinance

495 Jobs

RecommendedJobs for You

LTFinance logo

COLLECTION OFFICER

LTFinance

Muktsar

LT Finance Limited logo

COLLECTION OFFICER

LT Finance Limited

Chandigarh

LT Finance Limited logo

COLLECTION OFFICER

LT Finance Limited

Gaya

LTFinance logo

COLLECTION OFFICER

LTFinance

Tumkur

LTFinance logo

COLLECTION OFFICER

LTFinance

Nagar

LTFinance logo

COLLECTION OFFICER

LTFinance

Nagar

LTFinance logo

COLLECTION OFFICER

LTFinance

Tirupati

LTFinance logo

COLLECTION OFFICER

LTFinance

Tumkur

LTFinance logo

COLLECTION OFFICER

LTFinance

Nagar

LTFinance logo

COLLECTION OFFICER

LTFinance

Hunsur