Receivable Officer

Equitas Small Finance Bank; Salem; On-site; INR 250,000 - 450,000; Full time

Job summary

Equitas Small Finance Bank in Tamil Nadu, Salem, is seeking a Receivable Officer to manage the receivables for an assigned customer set. The role requires adherence to repayment processes and active relationship management with customers.

You will work to reduce overdrafts while ensuring timely collections and accurate posting to customer accounts. Responsibilities include maintaining compliance, coordinating with the branch, and interacting with customers to locate and notify delinquent

Qualifications

• Bachelor's degree in science or equivalent preferred.
• Experience in receivables or loan collections is a plus.
• Candidates should be detail oriented with good communication.

Responsibilities

• Manage receivables for the allotted set of customers.
• Process compliance and adhere to repayment procedures and relationship management.
• Improve repayment efficiency and reduce overdues at the branch.
• Ensure timely payments and continuous follow-up with customers.
• Coordinate with insurance companies on claim status and settlements.
• Receive payments and post to customer accounts; coordinate branch activities.

Education

Bachelor of Science

Job description

Basic Section

No. Of Openings 1

External Title Receivable Officer

Employment Type Permanent

Employment Category Field

Organisational

Entity Equitas Small Finance Bank

Business Unit Assets

Department VF

Sub-Department Receivables

Generic Role Receivables officer

External Title (Job Role) Receivable Officer

Zone South 2

State Tamil Nadu

Area Salem

Branch Code 1319

Skills

Skill

Bachelor of Science

Working Language

Job Description

• Manage Receivables for the allotted set of customer
• Process Compliance Adhere to the laid down processes for repayment and relationship management with customer.
• Repayment Efficiency reduces the OD in the branch.
• Ensure payments are collected in time
• Continues Follow-up on Collection with the customer
• Customer Interaction(Locate and Notify customers of delinquent accounts
• Customer Traceability (Trace delinquent customers to new address)
• Branch Co-ordination (Locate and monitor overdue accounts)
• Receive payments and post amounts paid to customer account.

Coordinate with insurance companies to check on the status of insurance claims