The Executive Collection

2 - 6 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Description: As a Collection Officer, your role involves reviewing assigned loan portfolios and identifying overdue accounts. You will be responsible for understanding the reasons behind loan delinquency and working with borrowers to find appropriate solutions. It is crucial to maintain accurate records of all collection activities and communication with borrowers. You must adhere to collection procedures and regulations set by the NBFC-MFI and RBI (Reserve Bank of India) while achieving assigned collection targets within deadlines. Additionally, you are expected to report any potential fraud or suspicious activity to the concerned authorities and maintain a professional and courteous demeanor while interacting with borrowers. Key Responsibilities: - Review assigned loan portfolios and identify overdue accounts - Understand reasons behind loan delinquency and work with borrowers to find solutions - Maintain accurate records of all collection activities and communication with borrowers - Follow collection procedures and regulations set by the NBFC-MFI and RBI - Achieve assigned collection targets within deadlines - Report any potential fraud or suspicious activity to the concerned authorities - Maintain a professional and courteous demeanor while interacting with borrowers Qualifications Required: - Team Building - Business Development - Sales - Communication - MFI (Microfinance Institution) experience is a plus,

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