Recovery Manager Trichy
1 month ago
- TheRecovery Manager is responsible for overseeing the recovery ofoverdue accounts and ensuring effective debt collection strategiesare in place.
- Thisrole involves managing a team of recovery agents developing andimplementing recovery processes and ensuring compliance with legaland regulatory requirements.
- TheRecovery Manager will work closely with other departments tominimize financial losses and maintain positive customerrelationships.
Requirements
DebtRecoveryManagement:
- Developand implement effective debt recovery strategies andprocesses.
- Monitorand manage the performance of the recovery team to achieve targetsandobjectives.
- Ensuretimely and efficient recovery of overdueaccounts.
TeamLeadership:
- Leadcoach and mentor the recovery team to enhance their performance andproductivity.
- Conductregular performance reviews and provide constructivefeedback.
- Fostera positive and motivated teamenvironment.
Complianceand RiskManagement:
- Ensureall recovery activities comply with legal and regulatoryrequirements.
- Identifyand mitigate risks associated with debtrecovery.
- Maintainuptodate knowledge of relevant laws andregulations.
CustomerRelations:
- Handleescalated cases and negotiate repayment plans withcustomers.
- Maintainpositive relationships with customers while ensuring debtrecovery.
- Resolvedisputes and issues related to overdueaccounts.
Reporting andAnalysis - Prepareregular reports on recovery performance and present findings toseniormanagement.
- Analyzerecovery data to identify trends and areas forimprovement.
- Implementchanges based on analysis to improve recoveryrates.
Collaboration:
- Workclosely with other departments such as Finance Legal and CustomerService to support recoveryefforts.
- Coordinatewith external agencies and legal representatives whennecessary.
BenefitsCareerGrowth
Asuccessful business manager needs strong leadership, strategicplanning, financial acumen, effective communication, andadaptability to drive organizationalsuccess.
Education
Anydegree
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