Collection Officer

Smart4talent

1 - 3 Years
5 Openings
1.5-2.5 Lac/Yr
Jalandhar
Face-to-Face interview

Key Skills

Collection Officer Cash Collection Collection Management Debt Management Credit Control Debt Collection Walk in

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Job Description

DESIGNATION: Collection Officer

QUALIFICATION: Any graduate

EXP: 1 to 3 years

SALARY: 13 to 20 k pm

LOCATION: Jalandhar

SKILLS REQUIRED: debt collection,Communication skills,

JOB DESCRIPTION:

We are looking for a Collections Officer to assist with the collection of outstanding debts. The Collections Officer will contact clients and inform them of their debts, negotiate payment plans, and ensure payments are made as soon as possible. You may also be required to institute legal action when payments are not made.

ROLES & RESPONSIBILITIES:

- Manage and deliver monthly performance in terms of resolution,rolls backs,recovery rates /values as per target set for the assigned portfolio.

-To achieve collection targets of the Respective Branch assigned,ensuring meeting PI Targets,Meeting the Target on Cost of Collections.

-Achieve the money collection under principal,fees & charges as per targets .

-Regular visit to yard and reporting the discrepancies/complaint item as a visit re repo process.

-Effectively address disputes,expired etc cases to prevent any probable escalation and highlight sensitive accounts to Collection Officer to prevent the same. Solving non starter cases

-Ensure trails updates are recorded in web- collection for follow up on normal portfolio.

-Ensure that the resources are optimally used with the number of visits,contacts ,PTP conversion ratio etc.-Settlement process involving issue of settlement letters to be in line with approvals received .Ensure nil delay in cash TAT and MIS-posting of payments.

-Negotiation skills ,relationship rmative in nature,strong Leadership skills,Clarity of thought and perseverance.

-Working knowledge of computers.

Experience
1 - 3 Years
No. of Openings
5
Education
Any Bachelor Degree, B.A
Role
Collection Officer
Industry Type
Banking / Financial Services / Stock Broking
Gender
Male
Job Country
India
Type of Job
Full Time
Work Location Type
Work from Office

About Smart4talent

Placement industry has witnessed many ups and downs in recent times. Thanks to the continuous changes in the approach of many companies in the nation. As many as companies are there in the industry, there requirements and preferences for manpower recruitment always differ. The same thing is also associated with the job seekers, who are looking forward to getting placed in a highly reputed company in the nation. If you want to avail the benefits of placement and recruitment services, then dont forget to approach Smart4Talent. We are a renowned name in the area of operations, which is actively engaged in offering a best-in-class variety of placement and recruitment services. We offer the services for web design & web hosting, credit card & personal loan, business franchise, career consultancy, domestic placement, HR consultancy and overseas placement. We also provide the best visa/ passport consultancy and work at home services as well.