Credit Recovery Officer

Job Description

Title: Credit Recovery Officer

Company Name: Walton Plaza.

Vacancy: 5

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: 20 Aug 2023

Company Information:
∎ 12 Aug 2023
∎ Walton Plaza.
∎ 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 22.34%
University of Dhaka 2.50%
Jagannath University 1.58%
University of Rajshahi 1.12%
Govt. Titumir College 0.99%
Stamford University Bangladesh 0.92%
Bangladesh Open University 0.79%
Daffodil International University 0.72%
Bangladesh University of Business and Technology 0.72%
International Islamic University, Chittagong 0.72%

Interested By Age Range

Age Range Percentage (%)
20-30 42.84%
31-35 37.06%
36-40 13.07%
40+ 3.61%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 15.79%
20K-30K 49.19%
30K-40K 23.92%
40K-50K 6.91%
50K+ 4.20%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 12.88%
0.1 - 1 years 4.66%
1.1 - 3 years 16.10%
3.1 - 5 years 24.44%
5+ years 41.92%

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