Collection Associate - CV

Nextstudycircle; Latur; On-site; INR 400,000 - 600,000; Full time

Job summary

A financial services company in Maharashtra is looking for a candidate to manage the collection and recovery of their commercial vehicle portfolio. Responsibilities include ensuring compliance with standard processes, negotiating loan repayments, and tracking asset utilization. The ideal candidate will demonstrate effective cost management and timely collection efforts. This role requires strong communication skills and the ability to meet daily and weekly targets.

Qualifications

• Experience in handling collection and recovery of commercial vehicles.
• Proficiency in updating details on mobile applications.
• Effective communication and negotiation skills.

Responsibilities

• Manage collection and recovery of the commercial vehicle portfolio.
• Ensure 100% visits and track asset utilization.
• Handle negotiations and prepare daily activity reports.

Job description

• Taking care of collection and recovery of Commercial Vehicle portfolio.
• Handling individual Collection portfolio.
• Updating visit trails and money collection details on Mobile Ap.
• 100% visit on all cases and tracking asset utilization and availability.
• Managing daily and weekly targets as to facilitate the monthly targets.
• Ensuring adherence to processes, compliance and audit related activities.
• Ensuring repossession of asset is done in compliance with standard operating process.
• No delay in deposition.
• Negotiations and restructuring loan re-payments, Prepare reports for daily activities.
• Responsible for collection efficiency on timely manner.
• Responsible for Effective Cost Management.
• Understanding & Managing Healthy Portfolio.