Recoveries & Verification Officers Job MARGADARSI CHIT FUND PRIVATE LIMITED

1.0 years

2 - 2 Lacs

Mahbubnagar, Telangana, IN

On-site

About the job: Company Overview Margadarsi Chit Fund Pvt Ltd., part of the esteemed Ramoji Rao Group, is a 62-year-old establishment recognized for its customer-centric and trusted financial services. With operations across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, we consistently deliver diversified financial solutions through our expansive network of 122 branches. Our headquarters is in Hyderabad, and we are a significant player in the financial services industry with a workforce of 1,001-5,000 employees. Job Overview We are seeking Recoveries Verification Officers to join our team at MARGADARSI CHIT FUND PRIVATE LIMITED. The position is based in Nirmal, Wanparti, Mahbubnagar, Siddipet, and Ramagundam. This is a full-time junior-level role requiring 1 to 3 years of relevant work experience. Candidates will be responsible for managing debt recovery processes and conducting customer verifications effectively. Candidate must and should have a minimum degree and ONLY MALE CANDIDATES ARE PREFERRED. Qualifications and Skills Proficiency in debt recovery procedures (Mandatory skill) is essential to manage and enforce the collection of due amounts efficiently. Strong customer verification abilities (Mandatory skill) to assess and validate the authenticity of customer information effectively. Excellent communication skills (Mandatory skill) are crucial for negotiating with customers and conveying necessary information clearly. Attention to detail is required to accurately review financial documents and customer data, ensuring compliance with regulations. Strong negotiation skills to adeptly handle disputes and negotiate settlements with a goal of maximizing recovery rates. Effective time management is necessary to prioritize tasks and handle multiple cases concurrently without compromising on quality. Problem-solving skills to identify issues promptly and implement corrective measures to enhance the efficiency of recovery processes. Ability to work collaboratively within a team environment, sharing insights and strategies to achieve organizational goals. Roles and Responsibilities Conduct thorough verifications of customer details to ensure accuracy and compliance with company policies and standards. Manage and oversee the recovery process for outstanding debts, maintaining a high rate of successful recoveries. Communicate effectively with customers to investigate and resolve disputes, providing excellent service while protecting company interests. Develop and implement strategies to enhance collection processes and minimize overdue accounts efficiently. Prepare detailed reports on recovery status and customer interactions for management review and strategic planning. Collaborate with other departments to ensure alignment and support in achieving overall corporate financial objectives. Stay updated with industry trends and legal requirements related to debt recovery to ensure compliance and operational efficiency. Identify areas for process improvement within the recovery operations to foster better customer relationships and financial results. Who can apply: Only those candidates can apply who: have minimum 1 years of experience Salary: ₹ 2,16,000 - 2,40,000 /year Experience: 1 year(s) Deadline: 2025-07-09 23:59:59

Posted 2 months ago

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