Credit Executive
5 months ago
CREDIT RECOLLECTION EXECUTIVE
Key Responsibilities:
1.Debt Collection:
- Implementing effective strategies to recover outstanding amounts while maintaining a professional and customer-centric approach.
2.Negotiation and Resolution:
- Negotiating payment plans and settlements with clients to reach mutually agreeable terms.
- Analyzing financial situations and providing solutions for clients facing difficulties in meeting their payment obligations.
3.Record Keeping:
- Maintaining accurate and up-to-date records of all interactions with clients, including payment agreements, promises to pay, and any other relevant information.
4.Communication:
- Collaborating with other departments, such as sales and customer service, to obtain necessary information for effective debt recovery.
- Providing regular updates to management on the status of outstanding debts and collections efforts.
5.Compliance:
- Ensuring compliance with all relevant regulations and company policies related to debt collection practices.
- Keeping abreast of changes in regulations affecting debt collection and implementing necessary adjustments to processes.
Qualifications:
- Should be fluent in Malayalam, English and Hindi
- Proven experience in credit collection or a related financial role.
- Strong knowledge of financial principles and debt collection practices.
- Excellent communication and negotiation skills.
- Ability to handle difficult conversations and remain calm under pressure.
- Detail-oriented with strong organizational skills.
- Familiarity with relevant legal and regulatory requirements.
Attributes:
- Results-driven with a focus on meeting and exceeding collection targets.
- Professional demeanor and strong interpersonal skills.
- Analytical mindset with the ability to assess financial situations and propose effective solutions.
- Adaptability to handle a diverse range of debtors and situations.
**Job Types**: Full-time, Permanent
**Salary**: ₹30,000.00 - ₹40,000.00 per month
**Benefits**:
- Provident Fund
Schedule:
- Day shift
**Experience**:
- Investment banking: 1 year (preferred)
- Debits & credits: 1 year (preferred)
**Language**:
- English (required)
- Malayalam (required)
Ability to Commute:
- Banglore, Karnataka (required)
Ability to Relocate:
- Banglore, Karnataka: Relocate before starting work (required)
Work Location: In person
**Speak with the employer**
+91 7483738112
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