Advocates having minimum of 10 years experience in recovery may share CV on whatsapp or call (phone hidden) A Recovery Officer plays a vital role in minimizing financial losses for a company Key Responsibilities Contacting Delinquent Customers Initiate contact with customers who have overdue payments via phone email or written correspondence to negotiate repayment terms Negotiating Repayment Plans Work with customers to develop a manageable repayment plan that ensures debts are recovered efficiently Maintaining Accurate Records Keep detailed records of all communications payments and recovery progress for each delinquent account Legal Action and Liaison Able to take legal action when necessary to initiate legal proceedings for recovering bad debts including filing lawsuits or garnishing wages Must have experience in all recovery laws Monitoring Payment Plans Regularly monitor payment arrangements to ensure compliance following up as necessary Providing Reports Create regular reports for management detailing recovery rates outstanding debts and performance metrics Risk Assessment Identify high-risk accounts and recommend strategies to minimize potential losses Client Communication Communicate with clients or businesses to provide updates on recovery progress and manage any escalated issues Required Skills and Qualifications 1 Essential Skills Negotiation Skills Strong ability to negotiate repayment terms and handle difficult conversations diplomatically Communication Skills Excellent verbal and written communication skills for dealing with customers and internal stakeholders Attention to Detail Meticulous record-keeping and accuracy in managing sensitive financial data Problem-Solving Abilities A proactive approach to resolving payment disputes and finding workable repayment solutions Knowledge of Debt Recovery Laws Understanding of relevant laws and regulations governing debt recovery 2 Preferred Qualifications Education LLB BA LLB A bachelor s degree in Finance Accounting Business Administration or a related field is preferred not must Experience 10 years of experience in debt collection credit management or financial services is highly desirable Certifications Certifications in debt recovery credit management or financial analysis can be a plus Job Types Full time Permanent Pay 40 000 00 - 60 000 00 per month Benefits Provident Fund Work Location In person

📌 Recovery Associate (New Delhi)
🏢 Geeken Chemicals India
📍 New Delhi