Recovery Manager Trichy

1 month ago


Tiruchirappalli, India Kaarlo Training & HR Solutions Pvt. Ltd. Full time
  • 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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