Management Trainee

Muthoot Finance; Bathinda, Ambala, Udaipur District; On-site; INR 250,000 - 450,000; Full time

Job summary

Muthoot Finance in Bathinda is seeking a dedicated Debt Recovery Officer to manage overdue accounts, initiate contact with customers, and negotiate feasible payment plans. You will document outcomes and monitor progress to ensure timely collections.

You will coordinate with clients to resolve discrepancies, maintain precise records, and regularly report to management on outstanding debts, payments received, and compliance with applicable laws and company policies.

Responsibilities

• Debt Recovery: Contacting customers with overdue accounts and negotiating payment plans.
• Negotiation: Working with clients to establish payment plans and resolve discrepancies.
• Record Keeping: Maintaining accurate records of collection efforts and outcomes.
• Reporting: Regularly updating management on outstanding debts and customer payments.
• Compliance: Ensuring adherence to legal guidelines and company policies.

Skills

Debt collection

Negotiation

Record keeping

Reporting

Compliance

Job description

Key Responsibilities:

• Debt Recovery:Contacting customers with overdue accounts and attempting to collect the outstanding amount or negotiate a payment plan.
• Negotiation:Working with clients to establish payment plans and resolve discrepancies.
• Record Keeping:Maintaining accurate records of collection efforts, outcomes, and all relevant information.
• Reporting:Regularly updating management on the status of collections, outstanding debts, and customer payments.
• Compliance:Ensuring adherence to legal guidelines and company policies throughout the collection process