Send out weekly detailed actions on loan recoveries down to Chief Risk Officer.
Identify and assess a recovery likelihood of loan (Low, Medium, or High).
break down bad loan into two categories according to combination of their willingness to pay and capacity to pay.
Work closely with the Chief Risk Officer to execute recovery techniques and strategies including regular home visit, chasing and collecting.
Try to get all the bad loan clients to have commitments with and to get them to follow their pledge.
Seek ways to continuously improve performance and productivity on the job.
Work closely with the Credit and Recovery Team to identify root cause of loan delinquency, operational weaknesses and recommend changes to improve the quality of the portfolio.
Negotiate payoff deadlines or payment plans
Handle questions or complaints
Investigate and resolve discrepancies
Maintain statistics on recoveries
Other tasks as assigned by supervisor
Requirements
Bachelor’s Degree required
2 – 5 years experience.
Must be male
Must be between the ages 28 and 35 years old
Must have good communication, perople management and numerical skills
Must be confident
Must be willing to report at the office daily for the duration of the six months contract.