Loan recovery agent

5 years

4 Lacs

Posted:1 month ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Role - Collections Executive

Types of collections - Home loan/Lap

Working Days - 6

Salary - Up to 30k per month

Type of industry - NBFC

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.
  • Negotiate repayment plans with borrowers.
  • 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 5 years 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.

Job Types: Full-time, Permanent

Pay: Up to ₹34,449.77 per month

Experience:

  • Loan Collections : 1 year (Preferred)

Work Location: In person

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