Credit Recovery Officer

Job Description

Title: Credit Recovery Officer

Company Name: Walton Hi-Tech Industries PLC.

Vacancy: Not specific

Job Location: Anywhere in Bangladesh

Employment Status: Full-time

Educational Requirements:
∎ Incumbents should have Bachelor's/Master's degree in Criminology, Law, Economics, Finance, Accounting, Business Administration, or a related field from any reputed University

Experience Requirements:
∎ 3 to 6 year(s)
∎ The applicants should have experience in the following area(s): Credit Collection, Credit Control And Recovery, Credit Recovery, Credit Risk Management
∎ The applicants should have experience in the following business area(s): Banks, Electronic Equipment/Home Appliances, Group of Companies, Manufacturing (FMCG), NGO

Job Responsibilities:
∎ Initiate and execute the debt recovery process for overdue accounts, delinquent payments, and outstanding dues from customers and individual
∎ Investigate and analyze the facts behind investments that have become risky or may potentially become problematic
∎ Research and due diligence to understand the underlying reasons for increased credit risk and identify potential warning signs of potential defaults
∎ Communicate with debtors to negotiate payment plans and settlement agreements. Evaluate debtors' financial situations and propose realistic repayment options
∎ Liaise with customers, clients, and internal stakeholders in a professional manner to encourage timely payments and address any concerns related to debt recovery
∎ Prepare regular reports on the status of outstanding debts, recovery efforts, and success rates. Present the reports to the management team
∎ Ensure all credit recovery activities comply with company policies, legal requirements, and ethical standards
∎ Provide excellent customer service to debtors, guiding them through the recovery process, and answering any queries they may have
∎ Deal with local administration/law enforcement agencies where required

Additional Requirements:
∎ Age 25 to 35 years
∎ Both males and females are allowed to apply
∎ Positive attitude, Rapport Building Capacity and Strong Interpersonal Communication skills
∎ Must have the ability & mentality of frequent field visits at any time
∎ Must have excellent presentation skills
∎ Being a great team player & excellent Rapport Builder

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill, Medical allowance, Profit share, Provident fund, Gratuity
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 13 Sep 2023

Company Information:
∎ 4 Sep 2023
∎ Walton Hi-Tech Industries PLC.
∎ Address : Dhaka Corporate Office: Plot-1088, Road # 80ft-2, Block-I, Bashundhara R/A, P.O- Khilkhet, P.S-Vatara, Dhaka-1229.

Category: Accounting/Finance

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Interested By University

University Percentage (%)
National University 24.37%
University of Dhaka 3.34%
Jagannath University 2.50%
Northern University Bangladesh 1.17%
University of Rajshahi 1.17%
Daffodil International University 1.00%
Mawlana Bhashani Science & Technology University 1.00%
Stamford University Bangladesh 1.00%
Southeast University 1.00%
Dhaka college 0.83%

Interested By Age Range

Age Range Percentage (%)
20-30 38.56%
31-35 39.73%
36-40 14.19%
40+ 5.18%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 8.43%
20K-30K 38.90%
30K-40K 30.64%
40K-50K 14.11%
50K+ 7.92%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 5.01%
0.1 - 1 years 3.17%
1.1 - 3 years 13.69%
3.1 - 5 years 24.37%
5+ years 53.76%

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