Management Trainee

Muthoot Finance; Ballari District, Mangaluru, Belagavi District; On-site; INR 180,000 - 240,000; Full time

Job summary

Muthoot Finance is seeking a Collection MT to join its team in Ballari district. The role focuses on handling overdue accounts with minimal fieldwork and offers a transition to higher responsibility after six months with increased compensation. Freshers are welcome, with training in collections and finance basics.

The candidate will assist in managing collections, communicating with customers, and maintaining records, while ensuring compliance with company policies and guidelines.

Qualifications

• Bachelor's degree in any stream (preferably Commerce/Business/Finance)
• Strong communication skills (written and verbal)
• Basic knowledge of MS Office (Excel, Word, Outlook)
• Detail-oriented, organized, and able to handle multiple tasks
• Freshers welcome; prior experience in collections or finance is a plus

Responsibilities

• Assist in managing overdue accounts and customer collections
• Communicate with customers via phone, email, or other channels to remind them of outstanding payments
• Support the collections team in maintaining accurate records of all customer interactions
• Collaborate with internal teams to resolve customer disputes and payment issues
• Prepare and send customer account statements and reminders
• Assist in negotiating repayment terms with customers
• Assist in reporting and tracking overdue accounts and collection efforts
• Ensure compliance with company policies and legal guidelines related to collections
• Provide regular updates and feedback to the supervisor

Skills

Strong communication skills

MS Office proficiency

Education

Bachelor's degree in Commerce/Business/Finance

Tools

MS Office (Excel/Word/Outlook)

Job description

Job Overview (Management Trainee)

We are seeking a dedicated and motivated Collection MT to join our team. As an MT, you will gain hands-on experience in the collections process, working alongside experienced professionals to manage and resolve overdue accounts. The position offers great learning opportunities with minimal fieldwork involvement. After 6 months, your role will transition to a higher responsibility with an increase in compensation.

Key Responsibilities

• Assist in managing overdue accounts and customer collections
• Communicate with customers via phone, email, or other channels to remind them of outstanding payments
• Support the collections team in maintaining accurate records of all customer interactions
• Collaborate with internal teams to resolve customer disputes and payment issues
• Prepare and send customer account statements and reminders
• Assist in negotiating repayment terms with customers
• Assist in reporting and tracking overdue accounts and collection efforts
• Ensure compliance with company policies and legal guidelines related to collections
• Provide regular updates and feedback to the supervisor

Requirements siness/Finance-related)

• Bachelors degree in any stream (preferably Commerce/Bu
• Strong communication skills (written and verbal)
• Basic knowledge of MS Office (Excel, Word, Outlook)
• Detail-oriented, organized, and able to handle multiple tasks
• A proactive and team-oriented approach to work
• Ability to handle sensitive customer interactions professionally
• Freshers are welcome, prior experience in collections or finance is a plus