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Collection / Recovery Officer

Hillcrest Solutions (Private) Limited

Multiple Cities, Pakistan

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Posted Apr 02, 2024 272 views

PKR. 30,000 - 45,000/Month

Key Responsibilities:

Initiate contact with delinquent account holders through various communication channels (phone calls, emails, letters) to negotiate repayment plans and resolve outstanding debts.
Implement effective collection strategies to recover overdue payments and minimize losses for the bank.
Conduct thorough investigations to assess the financial situation of delinquent customers and determine appropriate courses of action.
Maintain accurate records of all collection activities and correspondence with customers in accordance with bank policies and procedures.
Collaborate with internal departments, including legal and compliance teams, to escalate complex cases and ensure compliance with regulatory requirements.
Analyze trends in delinquent accounts and propose recommendations for process improvements to enhance collection efficiency and effectiveness.
Provide timely reports and updates on collection activities, recovery rates, and key performance indicators to management.
Assist in the development and implementation of training programs for staff involved in collection and recovery activities.
Stay updated on industry trends, best practices, and regulatory changes related to collection and recovery processes.

Qualifications:

Fresh Graduates are encourage to Apply

Skills

Tone of Voice Collection and Recovery End to End Sales

Job Details

Industry:

Services

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

35+ Posts

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Job Location:

Layyah, Liaquat Pur, Lodhran, Mehar, Mehrab Pur, Mian Chunnu, Minchanabad, Mirpur Sakro, Pakistan

Gender:

No Preference

Minimum Education:

Matriculation/O-Level

Career Level:

Entry Level

Minimum Experience:

Fresh

Apply Before:

May 01, 2024

Posting Date:

Apr 02, 2024

Hillcrest Solutions (Private) Limited

Services · 2501-3000 employees - Layyah, Liaquat Pur, Lodhran, Mehar, Mehrab Pur, Mian Chunnu, Minchanabad, Mirpur Sakro

pHillcrest Solutions(Private) Limited is incorporated in Pakistan with the primary objective of providing Human Resource and Manpower Services to vast clientele across the Globe./p