Collections Officer (banks& Nbfc)

Year    Visakhapatnam, AP, IN, India

Job Description

Job description : As some of the highest potential growth areas of the organization, SME and Retail are fundamental.strategy of taking its footsteps to the last mile to facilitate financial inclusion/ diversification through innovative, structured, and plain .He is required to set up sound Collections processes while adhering to the Fair Practices Code. He is required to build up the Collections Infrastructure through recruitment of the right personnel, engagement of external agencies.Implementing need base strategy on collection drivers: Vendor selection, Portfolio Allocation, Agency Payout, People Capacity, Contest a, nd Incentive Plans. Draft and implement a standard recovery process for the business to cut down NPAs and reduce delinquency across buckets. Institute and establish the necessary on-ground infrastructure to implement the laid down recovery process. Keep a risk control on collection costs and develop tracking mechanisms for Legal, MIS, and personnel cost. Incorporate and efficiently utilize legal tools in collections to enhance receivables at various stages of

Role: Collection Executive / Officer

Industry Type: BANK

Employment Type: Full Time, Permanent

Hiring for Locations : VISHAKAPATNAM

Experience : 1 to 5 years Candidates must be only from NBFCs or banks with Collections experience in Retail and SME (including Unsecured products)/Commercial Vehicle/Construction Equipment/Car Loans/ Personal loans / LAP. Candidates must possess knowledge of Legal recovery. Qualification - The candidate must be Post Graduate in any discipline. Finance discipline preferred

Skills: Adaptable, confident, reliable and motivated postgraduates with strong time management skills and the ability to work effectively under pressure. Ability to multitask and deliver qualitative outputs consistently at short deadlines Excellent communication skills. Fluency in English is a must

Job Types: Full-time, Permanent

LOCATIONS: Uppal-Hyderabad,Kakinada Vijayawada Vizag, Warangal

Job Types: Full-time, Permanent

Pay: ?23,000.00 - ?29,000.00 per month

Benefits:

• Provident Fund

Schedule:

• Day shift

Supplemental pay types:

• Performance bonus
• Yearly bonus

Education:

• Master's (Required)

Experience:

• total work BANKING: 1 year (Required)
• NBFC COLLECTION EXECUTIVE: 3 years (Required)

Work Location: In person

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Job Detail

  • Job Id
    JD3402403
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Visakhapatnam, AP, IN, India
  • Education
    Not mentioned
  • Experience
    Year