Field Collections Executive

Job Description

Job Title: Field Collection Executive

Job Type: Full-time

Experience Required: Min. 2 years especially in Business Loan Collections

Summary

We are seeking a dynamic and experienced Field Collection Executive to join our team.

The ideal candidate will have:

A minimum of 2 years of experience in Business Loans Collections, with a focus on hard collections, including NPA or write-off cases, and handling cases with DPD (Days Past Due) exceeding 90 days.

The candidate must also be well-versed in managing ticket sizes of a minimum of 7-10 lakhs.

Being a localite is a requirement for this position, as it involves extensive fieldwork.

Responsibilities:

Conduct field visits to collect overdue payments for business loans, particularly focusing on cases with DPD above 90 days.

Manage a portfolio of accounts and develop strategies to recover outstanding amounts while adhering to regulatory guidelines.

Build and maintain positive relationships with borrowers to encourage timely payments and resolve issues or disputes.

Prepare and submit daily collection reports and update the system with accurate information on each visit.

Effectively communicate with the Collections Manager and provide regular updates on collection activities.

Ensure compliance with company policies and industry regulations during the collection process.

Use negotiation and persuasion skills to secure repayment commitments from delinquent borrowers.

Requirements:

A minimum of 2 years of experience in Business Loans Collections, with a focus on hard collections, including NPA or write-off cases, and handling cases with DPD (Days Past Due) exceeding 90 days.

Proven track record of managing ticket sizes of a minimum of 7-10 lakhs

Must be localite

Should be able to speak English/Hindi/Regional Language

Excellent Communication and interpersonal skills
  • Experience

    1 - 7 Years

  • No. of Openings

    5

  • Education

    Diploma, Higher Secondary, Professional Degree

  • Role

    Collection Executive

  • Industry Type

    Banking / Financial Services / Stock Broking

  • Gender

    Male

  • Job Country

    India

  • Type of Job

    Full Time

  • Work Location Type

    Work from Office

About FinAGG

FinAGG is an invoice based financing solution for MSMEs in India. Our Quick Cash Flow product promotes MSME business growth while holding stocks in ample, also widely known as Stock Now Pay Later solution for MSMEs in India.
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