Description We are seeking a dedicated Debt Recovery professional to join our team in India. The ideal candidate will have 1-5 years of experience in managing debt recovery processes, demonstrating strong negotiation skills and a solid understanding of financial principles. Responsibilities Manage the debt recovery process from initiation to closure. Communicate with clients to negotiate repayment plans and resolve outstanding debts. Prepare and maintain accurate records of all debt recovery activities. Conduct thorough investigations to locate debtors and assess their financial situation. Develop strategies to minimize bad debts and improve recovery rates. Collaborate with legal teams to initiate legal proceedings when necessary. Provide regular updates and reports to management on recovery efforts and outcomes. Skills and Qualifications 10th pass & above graduation in finance, business administration, or a related field. Strong analytical skills to assess financial situations and develop recovery strategies. Excellent communication and negotiation skills to engage effectively with clients. Proficiency in financial software and Microsoft Office Suite, particularly Excel. Understanding of debt recovery laws and regulations in India. Ability to work independently and manage time effectively to meet recovery targets. Strong problem-solving skills and attention to detail.
Field Recovery Job Description 1)Follow-up with customers for recovery of overdue amounts through field visits to customer's - Maintain fair collection practices while dealing with customers, adhering to the code of conduct & legal guidelines, in accordance with the SOPs provided by the company 2) Start timely field visits in the morning and adhere to regulated timelines of performing the duty with utmost sincerity, dedication & integrity 3) Ensure genuine and timely feedback is filled on App for each case, and update any new customer 4) Ensure that the weekly/monthly collection target is met - Update the status of repayments and raise any on-ground issues to the field collection manager in a timely and cordial manner