RECOVERY OFFICER

Job Information

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    Category Sales & Marketing Jobs
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    Posted On Jul 14 ,2021
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    Qualifications Bachelor's Degree
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    Employer Name A LEADING FINANCIAL ORGANISATION

Job Description

  • 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.