Loan recovery agent

1 - 5 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a Collections Executive at our NBFC company, your primary responsibility will be to develop and implement collection strategies for LAP and unsecured loans. You will monitor loan accounts, identify delinquent accounts, and coordinate with the legal team for recovery procedures. It will be your duty to prepare regular reports on collection activities and performance, ensuring compliance with financial regulations and company policies. Additionally, you will lead and manage a team of collection agents, assessing and minimizing collection risks. Key Responsibilities: - Develop and implement collection strategies for LAP and unsecured loans - Monitor loan accounts and identify delinquent accounts - Coordinate with the legal team for recovery procedures - Prepare regular reports on collection activities and performance - Ensure compliance with financial regulations and company policies - Train and manage a team of collection agents - Assess and minimize collection risks Qualifications: - Bachelor's degree in finance, accounting, business administration, or related field - Minimum of 1 year of experience in collections management within the financial sector - Proven track record in handling LAP and unsecured loans collections - In-depth knowledge of relevant financial regulations - Strong leadership and team management skills,

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