Debt Recovery Agent

1 month ago

Entally Kolkata West Bengal, India Kickstart Business Full time

Below are the major duties, tasks, and responsibilities that commonly make up a debt recovery agent job description:

- Review the details and terms of sales and loans
- Produce reports for the management of the organization
- Remove the names of deceased people from records
- Follow established federal and state laws on debt recovery
- Purge debts when fully recovered
- Initiate steps for debt collection using the most viable means employable
- Send reports of statements of delinquencies to credit bureau office
- Record any new commitment to recover debt
- Initiate repayment plans and new terms of sale for debtors of the organization
- Collect payments on behalf of the organization
- Create and keep record of people owing the organization
- Organize the list according to the magnitude of the debts owed the organization
- Use available database to track customers or individuals who owe the organization
- Keep in touch with customers owing the organization
- Make use of computer to handle skip tracing
- Ensure accurate record of debtors’ basic information
- Listen to debtors or customers of the organization to know how to go about the debt
- Give viable options to debtors of the organization on how to pay up their debts
- Could offer advice or refer debtors to counselors for proper guidance
- Analyze and resolve discrepancies
- Entertain questions and complaints from debtors
- Create an atmosphere of trust with the debtors to prevent future problems
- Update accounts and databases regularly for the organization
- Maintain a high level of confidentiality of the organization with its customers/debtors
- Could assistant the organization in resorting to legal actions if need be
- Maintain customer policies and procedures.

**Debt Recovery Agent Requirements - Skills, Knowledge, and Abilities for a Career Success**

Here are major requirements most recruiters/employers may want you to meet to be hired if you are seeking to work as a debt recovery agent:

- Education: For this job, a minimum of High School diploma and a rudimentary knowledge of bookkeeping is a must.

Also, certifications and sufficient knowledge of accounting will be appreciated.

In addition, trainings on communication could be handy in this job.

Additional certificates on business related courses would be highly appreciated too.
- Experience: 1-3 years of experience on the debt recovery agent job or a similar one will be highly regarded.

This is because this job will require lots of experience in debt recovery and relationship building in the process.
- Knowledge: A prospective debt recovery agent should be well knowledgeable in business and accounting.

He/she should boast of adequate knowledge of business operations and management.

Skills: To work as a debt recovery agent will require the skills below:

- Excellent communication skills
- Good negotiation skills and persuasion
- Empathy and sympathy
- Ability to use major database software tools
- Ability to meet deadlines and handle multiple tasks simultaneously
- Great planning and multitasking skills to ensure delivery of excellent jobs
- Interpersonal skills
- Great persistence amid pressure
- Ability to work independently and also in a group
- Creativity to help proffer solutions outside lawsuits
- Good listening skills
- Attention to details
- Great time management skills
- Good customer services skills
- Strong ability to adapt quickly and work effectively in a fast paced environment
- Great analytical skills to help reason and think out a way forward with each unique case.
- Professionalism: The work of a debt recovery agent is quite a tricky one which demands professional attitude at every point in this job.

A debt recovery agent must present themselves professional to both the organization they work for and the customers of the organization.

They can consider themselves as the representative of the organization and as such should treat the customers the way the organization in itself will want the customers to be treated.

Conclusion

This post is helpful to individuals interested in the debt recovery agent career, to learn the duties and responsibilities that characterize the role.

With this knowledge they will be able to make the right decision about becoming a debt recovery agent.

**Salary**: ₹10,000.00 - ₹25,000.00 per month

Schedule:

- Day shift

Ability to commute/relocate:

- Entally, Kolkata - 700015, West Bengal: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- total work: 3 years (preferred)

**Speak with the employer**

+91-XXXXXXXXXX

  • Debt Recovery Agent

    1 month ago

    Behala, Kolkata, West Bengal, India Chaque Jour HR Services Pvt. Ltd Full time

    #kolkata #banking *Job Opening for India's Largest PSU Bank *Designation* : *Debt Recovery Agent **DRA Certificate Must.** **DRA (Debt Recovery Agent) Certificate** *Qualification:* H.S. *Job Location*: *Required skill/ Experience *Minimum 6 months Experience *Fixed salary: - 14 to 20 NTH + PF + ESIC + incentive + TA* **Job Types**: Full-time,...

  • Debt Recovery Agent

    4 weeks ago

    Kolkata, West Bengal, India HITEK SYNDICATE Full time

    **Role and Requirements**: - **Designation** - Debt Recovery Agent (Bank Loan EMI Collection & Recovery Background) **Portfolios** -( HDFC, Axis, SBI & Paytm ) **Office Address**: - 63 Rafi Ahmed Kidwai Road Kolkata 700016 - Qualification - 10th, 12th, Graduation - Age - Above 21 - Salary + Incentive - Both Experience or Fresher Pay: ₹10,000.00 -...

  • Tele Debt Recovery Agent

    4 weeks ago

    Kolkata, West Bengal, India RGAssociates Full time

    Requirement for **(DRA Certified )** TELE-**DEBT RECOVERY AGENTS** for **SBI,HDFC, YES BANK & Kotak Mahindra Ltd.** Roles and responsibilities: - Monitoring accounts to identify overdue payments. - Make contact with existing clients and negotiate payment arrangements for payment of overdues. - Keeping accurate records and reporting on collection...

  • Tele Debt Recovery Agent

    1 month ago

    Kolkata, West Bengal, India RGAssociates Full time

    Requirement for **(DRA Certified )** **Tele** **DEBT RECOVERY AGENTS** for **SBI,HDFC, YES BANK & Kotak Mahindra Ltd.** (KOLKATA/HOWRAH/24 Pgns / HOOGHLY/KALYANI) Roles and responsibilities: - Monitoring accounts to identify overdue payments. - Make contact with existing clients and negotiate payment arrangements for payment of overdues. - Keeping accurate...

  • Tele Debt Recovery Agent

    4 weeks ago

    Kolkata, West Bengal, India RGAssociates Full time

    Requirement for **(DRA Certified )** TELE-**DEBT RECOVERY AGENTS** for **SBI,HDFC, YES BANK & Kotak Mahindra Ltd.** Roles and responsibilities: - Monitoring accounts to identify overdue payments. - Make contact with existing clients and negotiate payment arrangements for payment of overdues. - Keeping accurate records and reporting on collection...

  • Field Debt Recovery Agents

    4 weeks ago

    Kolkata, West Bengal, India RGAssociates Full time

    Requirement for **(DRA Certified )** FIELD **DEBT RECOVERY AGENTS** for **SBI,HDFC, YES BANK & Kotak Mahindra Ltd.** (KOLKATA/HOWRAH/24 Pgns / HOOGHLY/KALYANI) Roles and responsibilities: - Monitoring accounts to identify overdue payments. - Make contact with existing clients and negotiate payment arrangements for payment of overdues. - Keeping accurate...

  • Debt Recovery Agent

    1 week ago

    Park Street, Kolkata, West Bengal, India HITEK SYNDICATE Full time

    **Role and Requirements**: - **Designation** - Debt Recovery Agent (Bank Loan EMI Collection & Recovery Background) **Portfolios** -( HDFC, Axis, SBI & Paytm ) **Office Address**: - 63 Rafi Ahmed Kidwai Road Kolkata 700016 - Qualification - 10th, 12th, Graduation - Age - 20 or above - Salary + Incentive - Both Experience or Fresher Pay: ₹10,000.00 -...

  • Debt Recovery Agent

    4 weeks ago

    Park Street, Kolkata, West Bengal, India HITEK SYNDICATE Full time

    **Role and Requirements**: - **Designation** - Debt Recovery Agent (Bank Loan EMI Collection & Recovery Background) for HDFC, Axis and other NBFC portfolios. Office Location - Park Street Kolkata Interview Location - Park Street Kolkata Office Address: - Hi-Tek Syndicate, 63 Rafi Ahmed Kidwai Road 2nd floor Kolkata 700016 Qualification - 10th, 12th,...

  • Female Tele Debt Recovery Agent

    1 month ago

    Kolkata, West Bengal, India RGAssociates Full time

    Requirement for **(DRA Certified )** TELE-**DEBT RECOVERY AGENTS** for **SBI,HDFC, YES BANK & Kotak Mahindra Ltd.** Roles and responsibilities: - Monitoring accounts to identify overdue payments. - Make contact with existing clients and negotiate payment arrangements for payment of overdues. - Keeping accurate records and reporting on collection...

  • Debt Recovery Agent

    6 days ago

    Subhash Nagar West, Delhi, Delhi, India 360 Manpower Pvt. Ltd. Full time

    We need Third Party collection agent US SHift. We are looking for a competent agent who has the capacity to do third party collections and have experience in Debt recovery espcially and only with US clients Our Collection specialist should exhibit Professionilism and trustworthiness, should have excellent communication skills as well as ability to work...

  • Debt Recovery Agent

    1 month ago

    Kolkata, West Bengal, India HITEK SYNDICATE Full time

    Job description Designation - DRA TELE CALLER FOR (Bank Loan EMI Collection & Recovery Background) Office Location - Park Street Kolkata Office Address: - Hi-Tek Syndicate, 63 Rafi Ahmed Kidwai Road 2nd Floor Kolkata 700016 Near Bhoruka Blood Bank Qualification - 12th, Graduation Age - Above 21 **Salary + Incentive **Preference will be given to early...

  • Telephone Debt Collector

    6 days ago

    Park Street, Kolkata, West Bengal, India HITEK SYNDICATE Full time

    **Role and Requirements**: - **Designation** - Debt Recovery Agent (Bank Loan EMI Collection & Recovery Background) **Portfolios** -( HDFC, Axis, SBI & Paytm ) **Office Address**: - 63 Rafi Ahmed Kidwai Road Kolkata 700016 - Qualification - 10th, 12th, Graduation - Age - Above 21 - Salary + Incentive - Both Experience or Fresher Pay: ₹10,000.00 -...

  • Debt Recovery Officer

    1 month ago

    Kolkata, India Kantech solutions pvt ltd Full time

    Roles and responsibilities: Monitoring accounts to identify overdue payments. Make contact with existing clients and negotiate payment arrangements for payment of overdues. Maintaining proper Feedbacks of each contract and provides the same as and when requested. Keeping accurate records and reporting on collection activity. Manage recovery and collection...

  • Tele Debt Collector

    4 weeks ago

    Kolkata, India R G Associates Full time

    Wanted DRA certified Tele-Debt Recovery Agents for Sbi, HDFC, Kotak Mahindra & Yes bank Portfolio. Monitoring accounts to identify overdue payments. Make contact with existing clients and negotiate payment arrangements for payment of overdue. Keeping accurate records and reporting on collection activity. Manage recovery and collection of outstanding...

  • Debt Recovery

    5 days ago

    Bandra West, Mumbai, Maharashtra, India Virtualteam Finserv Private Limited Full time

    **Elegibility** Good Communication in Malayalam **Responsibilities**: **Negotiation**:Utilize negotiation skills to agree on suitable payment arrangements and deadlines, while considering the debtor's financial situation and the organization's policies. **Maintaining Records**: Maintain accurate records of all communications, payment commitments, and any...

  • Debt Collection Officer

    4 weeks ago

    Ahritola, Kolkata, West Bengal, India HITEK SYNDICATE Full time

    Job description Designation - Debt Collections Executive (Bank Loan EMI Collection & Recovery Background) Office Location - Park Street Kolkata Work Location - Howrah hooghly Barrackpore madhyam gram KOLKATA Interview Location - Kolkata Park Street Office Address: - Hi-Tek Syndicate, 63 Rafi Ahmed Kidwai Road 2nd Floor Kolkata 700016 Near Bhoruka Blood...

  • Field Collection Executive

    1 month ago

    Kolkata, West Bengal, India Bankas Solution Full time

    We urgently need a dedicated Debt Recovery Agent for our company. Jod description is as follows: - Cash/ Cheque Collection from the Field from Loanee. To ensure recovery as per the assigned KRAs Proactive in coming up with suggestion in policy changes on collections. Maintaining proper Feedbacks of each contract and provides the same as and when...

  • Field Collection Executive

    4 weeks ago

    Kolkata, West Bengal, India R K BANSAL FINANCE PVT LTD Full time

    Adhering to financial laws on the regulation of debt collection. - Contact and communicate effectively with debtors by phone to negotiate and implement debt recovery plans. - Search publicly available databases to track down people who default on debt, perform background checks and issue loan documents. - Prevent repeated payment negligence by working out...

  • Debt Collector

    4 weeks ago

    Kolkata, West Bengal, India ENLIST MANAGEMENT CONSULTATNTS PVT LTD Full time

    Enlist Management Pvt Ltd Job Position - Field Executive Job type - Collection & Recovery department Education Qualification - 10th pass/12th pass DRA Certificate Experience - 6 months to 3 years. Job Location - Kolkata South Zone. Job time - Monday to Saturday 09:30 am to 06:30 pm Sunday weekly off. Salary structure - Take home 9000/- to 1O000/ -...

  • Relationship Executive Debt Collection

    5 days ago

    Bandra West, Mumbai, Maharashtra, India Virtualteam Finserv Private Limited Full time

    **Eligibility : Good communication both verbal and written in Malyalam** **Responsibilities**: **Negotiation**:Utilize negotiation skills to agree on suitable payment arrangements and deadlines, while considering the debtor's financial situation and the organization's policies. **Maintaining Records**: Maintain accurate records of all communications,...