
Debt Collection Specialist
3 days ago
Job Title: Debt Recovery Specialist
Description:
- Manage and optimize debt collection processes across various regions to meet performance metrics.
- Maintain accurate records of Non-Performing Assets (NPAs) and implement strategies to minimize their impact.
- Enhance revenue generation through effective fee income control and vendor payout reduction initiatives.
- Verify assets and ensure possession in accordance with relevant laws and regulations.
- Analyze delinquency trends, identify areas for improvement, and focus on resolving non-starters.
- Prioritize customer satisfaction by resolving issues promptly within specified timelines.
- Nurture key client relationships to facilitate timely collections and monitor defaulting customers to understand the reasons behind their defaults.
- Represent the organization in legal and statutory forums as required and ensure compliance with applicable laws and guidelines.
- Assign tasks to field executives and oversee agency performance to ensure adherence to Service Level Agreements (SLAs).
- Ensure adequate Feet-on-Street presence area-wise, bucket-wise, and segment-wise, and obtain regular updates from collection executives on delinquent portfolios.
- Maintain strict compliance with audit, NHB, and IRB regulations, as well as company policies and procedures.
Required Skills and Qualifications:
- Graduate degree: Essential
- Masters/Postgraduate degree: Optional
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