Recovery Officer

As a Recovery Officer at Margadarsi Chit Fund Pvt Ltd., part of the esteemed Ramoji Rao Group, you will be responsible for managing debt recovery processes efficiently in the Financial Services industry. With over 62 years of experience, we are renowned for our customer-centric and trustworthy services offered across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu through our 122 branches. Headquartered in Hyderabad, we are looking for a dedicated individual to join our team of 1,001 to 5,000 employees. You will be based in Hyderabad and will play a crucial role in maintaining customer relationships, ensuring risk mitigation, and managing debt recovery processes effectively. The ideal candidate for this junior-level position should have a maximum of 3 years of work experience in a similar role. Key Qualifications and Skills: - Proficiency in debt collection techniques to efficiently manage recoveries and reduce outstanding debts - Strong customer relationship management skills to maintain and build lasting connections with clients - Excellent communication skills to interact and negotiate with diverse clients and internal teams - Strong negotiation skills to reach acceptable debt recovery solutions and settlements - Risk assessment abilities to identify potential financial risks and develop mitigation strategies - Excellent conflict resolution capabilities to manage and resolve disputes amicably and promptly - Analytical skills to assess financial data and trends impacting recovery processes - Detail-oriented approach to accurately manage records and documentation related to debt recovery activities Key Roles and Responsibilities: - Maintain and enhance customer relationships to foster trust and loyalty while ensuring prompt recovery processes - Analyze financial statements and debtor records to determine recovery actions and procedures - Collaborate with internal departments to ensure cohesive execution of recovery strategies - Prepare and maintain detailed reports of recovery activities for management review - Identify potential risks in debt recovery and implement appropriate mitigation actions - Attend meetings to provide updates on recovery status and suggest improvements to existing processes If you meet the qualifications and are ready to contribute to our team, we invite you to apply for the Recovery Officer position in our branches located in Kompally, Shamshabad, Hastinapuram, Gachibowli, Madhapur, and Uppal in Hyderabad. Join us in our mission to provide reliable financial solutions to our valued customers.,