1 - 5 years

0 - 2 Lacs

Bengaluru / Bangalore Karnataka India

Posted:1 month ago| Platform: Foundit logo

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On-site

Job Type

Full Time

Job Description

Description We are seeking a dedicated Debt Recovery professional to join our team in India. The ideal candidate will have 1-5 years of experience in managing debt recovery processes, demonstrating strong negotiation skills and a solid understanding of financial principles. Responsibilities Manage the debt recovery process from initiation to closure. Communicate with clients to negotiate repayment plans and resolve outstanding debts. Prepare and maintain accurate records of all debt recovery activities. Conduct thorough investigations to locate debtors and assess their financial situation. Develop strategies to minimize bad debts and improve recovery rates. Collaborate with legal teams to initiate legal proceedings when necessary. Provide regular updates and reports to management on recovery efforts and outcomes. Skills and Qualifications 10th pass & above graduation in finance, business administration, or a related field. Strong analytical skills to assess financial situations and develop recovery strategies. Excellent communication and negotiation skills to engage effectively with clients. Proficiency in financial software and Microsoft Office Suite, particularly Excel. Understanding of debt recovery laws and regulations in India. Ability to work independently and manage time effectively to meet recovery targets. Strong problem-solving skills and attention to detail.

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