
Senior Resolution Strategist
1 week ago
Role Overview:
A Resolution Specialist is responsible for developing and implementing effective resolution strategies to minimize overdue accounts.
This role requires a strategic thinker with strong leadership skills and in-depth knowledge of the ARC sector.
- Develop and implement effective resolution strategies to minimize overdue accounts
- Monitor the collections portfolio, analyze trends, and implement corrective actions to improve collection efficiency
- Engage with customers to understand their financial situations and negotiate payment plans or settlements
- Collaborate with the legal team to manage cases requiring legal intervention, including initiating and following up on legal proceedings
- Prepare and present regular reports on resolution activities, performance metrics, and recovery rates to senior management
- Evaluate all collection activities against relevant regulations, company policies, and industry best practices
- Identify opportunities for process improvements and implement changes to enhance the efficiency and effectiveness of the collections function
Qualifications and Skills:
- Bachelor's degree in Finance, Business Administration, law or a related field
- Minimum of 5-6 years of experience in collections and resolutions, preferably within the ARC, NBFC or financial services industry
- Proven experience in managing and leading a team of collection professionals
- Strong analytical and problem-solving skills with the ability to interpret data and make data-driven decisions
- Excellent verbal and written communication skills with the ability to negotiate and influence outcomes
- In-depth knowledge of relevant laws, regulations, and compliance requirements in the ARC sector
Benefits:
- Competitive salary and performance-based incentives
- Health and wellness benefits
- Professional development opportunities
- A supportive and collaborative work environment
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