Recovery Officer

Year    TS, IN, India

Job Description

Responsible for managing and recovering overdue and non-performing personal loan accounts. Contact delinquent borrowers through calls, messages, and field visits to negotiate repayment plans. Engage with guarantors or family members when required to facilitate recoveries. Monitor allocated loan portfolio and track follow-ups and resolutions in the internal system. Liaise with external collection agencies and recovery agents as per policy guidelines. Maintain daily and weekly MIS on recovery performance, visit reports, and payment commitments. Work closely with collections and legal teams to coordinate recovery efforts and strategies. Ensure adherence to RBI and internal compliance standards during borrower interactions. Maintain professional conduct and protect company reputation during all recovery activities. Identify early warning signals in accounts and suggest preventive actions. Keep updated with legal procedures related to loan recovery, arbitration, and settlements. Achieve monthly recovery targets and contribute to reduction in portfolio delinquency.
Job Types: Full-time, Permanent

Pay: ?15,000.00 - ?30,000.00 per month

Benefits:

Cell phone reimbursement Health insurance Provident Fund
Work Location: In person

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Job Detail

  • Job Id
    JD3869427
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    TS, IN, India
  • Education
    Not mentioned
  • Experience
    Year