The Executive Collection

2 - 6 years

0 Lacs

Posted:5 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a Collection Officer, your primary responsibility will be to review assigned loan portfolios, identify overdue accounts, and understand the reasons behind loan delinquency. You will work closely with borrowers to find appropriate solutions and maintain accurate records of all collection activities. Adherence to collection procedures and regulations set by the NBFC-MFI and RBI is crucial, while achieving assigned collection targets within deadlines. Furthermore, reporting any potential fraud or suspicious activity and maintaining a professional demeanor during interactions with borrowers are key aspects of this role. Key Responsibilities: - Review assigned loan portfolios and identify overdue accounts - Understand reasons behind loan delinquency and collaborate 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 specified deadlines - Report any potential fraud or suspicious activity to the relevant authorities - Maintain a professional and courteous demeanor when interacting with borrowers Qualifications Required: - Team Building skills - Business Development experience - Sales proficiency - Effective Communication abilities - MFI (Microfinance Institution) experience is considered a plus Role Overview: As a Collection Officer, your primary responsibility will be to review assigned loan portfolios, identify overdue accounts, and understand the reasons behind loan delinquency. You will work closely with borrowers to find appropriate solutions and maintain accurate records of all collection activities. Adherence to collection procedures and regulations set by the NBFC-MFI and RBI is crucial, while achieving assigned collection targets within deadlines. Furthermore, reporting any potential fraud or suspicious activity and maintaining a professional demeanor during interactions with borrowers are key aspects of this role. Key Responsibilities: - Review assigned loan portfolios and identify overdue accounts - Understand reasons behind loan delinquency and collaborate 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 specified deadlines - Report any potential fraud or suspicious activity to the relevant authorities - Maintain a professional and courteous demeanor when interacting with borrowers Qualifications Required: - Team Building skills - Business Development experience - Sales proficiency - Effective Communication abilities - MFI (Microfinance Institution) experience is considered a plus

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