Cash Recovery Specialist

3 days ago


Jaipur, Rajasthan, India beBeeCashRecovery Full time ₹ 80,00,000 - ₹ 1,20,00,000

Job Title: Cash Recovery Specialist

Job Description

Overview:

We seek a highly motivated and experienced cash recovery specialist to join our team in Jaipur, India.

Key Responsibilities:

  • Collect cash for assigned areas and achieve targets on various parameters like resolution, flows, credit cost, and roll rates (depending on the bucket).
  • Efficiently manage Non-Performing Assets (NPAs) and minimize them through active efforts.
  • Increase fee income/revenue and develop initiatives to control vendor payouts.
  • Conduct asset verifications and possessions as per SARFESI/Section 9 process through court receivers.
  • Track and control delinquency of the area (Bucket & DPD wise) and focus on nonstarters.
  • Ensure customer satisfaction by resolving issues quickly within specified timelines.
  • Build relationships with key clients to ensure timely collections are made and monitor defaulting customers through regular follow-ups.
  • Represent the organization in front of legal/statutory bodies as required and ensure the collection team adheres to legal guidelines.
  • Allocate work to field executives and ensure agencies perform as per defined Service Level Agreement (SLA), ensuring payments and audit receipts are deposited within defined SLA.
  • Ensure adequate Feet on Street availability area-wise/bucket-wise/segment-wise and obtain daily updates from all collection executives on delinquent portfolio & initiate detailed account level review of high ticket accounts.
  • Maintain compliance with all Audit/NHB/IRB regulations as well as company policies and procedures.

Required Skills and Qualifications:

Qualifications:

  • Graduate: Yes
  • Masters/Postgraduate: Optional


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