Recovery Officer

Job Description

Title: Recovery Officer

Company Name: Newshop BD

Vacancy: --

Age: Na

Job Location: Dhaka (Mirpur 10)

Salary: Tk. 25000 - 35000 (Monthly)

Experience:

  • At least 2 years


Published: 2024-10-06

Application Deadline: 2024-11-05

Education:
  • Bachelor of Business Administration (BBA) in Management

  • Bachelor of Business Administration (BBA) in Accounting

  • Bachelor of Business Studies (BBS) in Finance

  • Bachelor of Business Administration (BBA) in Finance

  • Bachelor of Law (LLB)

  • LLB



Requirements:
  • At least 2 years


Skills Required:

Additional Requirements:
  • Minimum 2 year experience as a credit recovery officer in NGO,Bank,financial investment Company or others company.



Responsibilities & Context:
  • Make a visit plan to contact the default accounts.

  • Make contact with relevant parties via phone calls/physical drive to establish their ability to pay.

  • Using various tracing methods to locate absconded clients.

  • Meet or exceed assigned daily, weekly, and monthly goals.

  • Be persistent in calling and contacting debtors.

  • Monitor and resolve financial discrepancies.

  • Address questions, complaints, or suggestions.

  • Negotiate repayment and financial plans as needed.

  • Negotiating settlements by arranging clients’ payments over a longer time span.

  • Follow-up on committed dates.

  • Update and review all default accounts to keep records of payments up to date.

  • Represent the company when legal action is needed.

  • Inform upper management and leaders when legal action is needed and in place.

  • Resolve legal matters and update records.

  • Monthly recovery cash collection report submitted.Maintain Legal Report Update information.



Job Other Benifits:

Employment Status: Full Time

Job Work Place: Work at office

Company Information:

Gender: Male and Female can apply

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Category: Accounting/Finance

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