Recover Officer

Company Overview

Margadarsi Chit Fund Pvt Ltd., a 62-year-old well-established company, is part of the trusted Ramoji Rao Group conglomerate. We pride ourselves on being a customer-centric and reliable financial services provider, offering a diverse range of financial solutions across four states and operating 118 branches. With our headquarters in Hyderabad, we continue to expand as one of the leading entities in the financial services industry.

Job Overview

We are seeking a motivated and diligent Recovery Officer to join our team at Margadarsi Chit Fund Pvt Ltd. This is a full-time junior-level position located in Coimbatore, Salem, and Tiruppur. The ideal candidate will have up to 3 years of work experience. As a Recovery Officer, you will play a crucial role in the debt recovery process across our operations.

Qualifications and Skills

• Must have strong skills in debt collection (Mandatory skill), facilitating effective repayment arrangements with customers.
• Experience utilizing data analysis tools (Mandatory skill) to strategize and implement solutions for debt recovery processes.
• Skilled in negotiation techniques to reach amicable solutions with customers and recover outstanding debts successfully.
• Adept in conflict resolution to handle disputes cautiously and achieve satisfactory outcomes for both the company and clients.

Roles and Responsibilities

• Oversee and manage a portfolio of delinquent accounts, ensuring effective communication with clients to negotiate repayment plans.
• Collaborate with the legal team to initiate and follow through on legal actions against defaulting clients where necessary.
• Prepare and maintain detailed reports on recovery activities, progress, and results for management review.
• Ensure compliance with all internal and external regulations pertaining to the debt recovery process.
• Actively participate in team meetings, sharing insights and strategies to enhance portfolio performance.