Debt Recovery Specialist
4 weeks ago
VCATCH, a leading BPO firm headquartered in Bangalore, is renowned for its Six-Sigma standards and core management expertise. Our extensive experience spans across industries such as Ed-tech, E-commerce, FMCG, real estate, and more. We offer cost-effective, state-of-the-art call center services designed to maximize ROI. With a dedicated team of 51-200 employees, VCATCH is committed to providing exceptional customer experiences. Visit our website at vcatch.in.
Job OverviewWe are seeking a Mid-Level Debt Collections Manager to join our team on a full-time basis. The position is open in various major cities including Delhi, Cochin, Kolkata, Ahmedabad, Hyderabad, Mumbai, and Bangalore. The ideal candidate will possess 4 to 6 years of relevant experience and will be responsible for managing debt collection operations, ensuring optimal recovery rates, and maintaining effective agency relationships.
Key Responsibilities- Manage and oversee the debt collection team to ensure efficient and effective recovery of outstanding debts.
- Develop and implement strategies to enhance collection rates and reduce default levels.
- Maintain strong and effective communication with clients and stakeholders to facilitate successful debt recovery operations.
- Analyze and utilize data from Microsoft Excel to track and report on debt recovery performance.
- Handle escalated collection cases, working collaboratively with agencies and teams to resolve issues.
- Conduct periodic visits to defaulting clients to negotiate payment solutions and recover debts.
- Foster positive relationships with debt collection agencies to optimize recovery processes and results.
- Ensure compliance with legal and regulatory standards across all debt collection activities.
- Agency Relationship Management - Proven expertise in maintaining relationships with debt collection agencies to achieve collection targets.
- Debt Recovery - Comprehensive knowledge and experience in recovering outstanding debts efficiently and effectively.
- Microsoft Excel - Proficiency in Excel for data analysis, reporting, and tracking recovery progress.
- Strong communication skills - Ability to communicate effectively with clients and team members to ensure smooth operations.
- Negotiation skills - Excellent negotiation abilities to maximize debt recovery while maintaining customer relationships.
- Problem-solving skills - Capable of identifying issues and implementing solutions promptly to enhance collection success.
- Debt Collection - In-depth knowledge and prior experience in debt collection processes and strategies.
- Visiting customers - Ability to efficiently manage and conduct on-site visits to negotiate and secure payments.
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