Field Collection Executive

About FinAGG: FinAGG – quick cash flow, is a dynamic cash flow credit company dedicated to empowering small and medium-sized enterprises (SMEs) by providing working capital lines for inventory purchases. Our innovative technology offers a user-friendly, cost-effective solution that allows businesses of all sizes to boost their cash flow by leveraging credit against their cash reserves. For more information, please visit our website at www.finagg.in Designation: Field Collection Executive / Manager Location: Ahmedabad Summary: We are seeking a dynamic and experienced Field Collection Executive to join our team. The ideal candidate will have: A minimum of 2 years of experience in Business Loans Collections, with a focus on hard collections, including NPA or write-off cases, and handling cases with DPD (Days Past Due) exceeding 90 days. The candidate must also be well-versed in managing ticket sizes of a minimum of 7-10 lakhs. Being a localite is a requirement for this position, as it involves extensive fieldwork. Responsibilities: Conduct field visits to collect overdue payments for business loans, particularly focusing on cases with DPD above 90 days. Manage a portfolio of accounts and develop strategies to recover outstanding amounts while adhering to regulatory guidelines. Build and maintain positive relationships with borrowers to encourage timely payments and resolve issues or disputes. Prepare and submit daily collection reports and update the system with accurate information on each visit. Use negotiation and persuasion skills to secure repayment commitments from delinquent borrowers. Key Requirements: A minimum of 2 years of experience in Business Loans Collections, with a focus on hard collections, including NPA or write-off cases, and handling cases with DPD (Days Past Due) exceeding 90 days. Proven track record of managing ticket sizes of a minimum of 7-10 lakhs. Should be able to speak English/Hindi/Regional Language. Excellent Communication and interpersonal skills. Ability to work independently and meet collection targets. Possess a valid driver’s license and own transportation for filed visits.