Sr. Executive / Asst. Manager (Credit Realization)

We are seeking a dynamic and result-oriented professional to join our Credit Realization team as a Sr. Executive / Asst. Manager. This role requires strategic oversight of the credit collection process, with a focus on reducing delinquency, optimizing recovery and maintaining long-term client relationships

Responsibilities:

• Responsible for Revenue Collection from different clients.
• Responsible for issuing money receipts against all the payments.
• Responsible for maintaining the proper record of clients i.e. individual file of client with application from, copy of agreement, Money receipts, Letters etc.
• To prepare for Daily Collection, Monthly Revenue Collection statement.
• To Prepare for Monthly outstanding and pending agreement list etc.
• To monitoring the target of revenue collection.
• To follow up the overdue status, strategy making to reduce the overdue position.
• To follow up the loan process & loan collection on behalf of the client from various financial institutions.
• To prepare the clients final statement of accounts.
• To prepare the rebate calculation of advance payment & interest calculation of delay payment.
• To collect the due installment timely.
• Responsible for communicating with different clients time to time over phone, invoice letter.
• Responsible for issuing letter of Reminder to the clients in case of failure of the scheduled payment.
• Responsible for issuing letter of warning to the clients before cancellation if necessary.
• Responsible for issuing the letter of cancellation of the allotment if necessary.
• Responsible for refunding the amount that the client will get by due if cancellation of allotment.
• Responsible for issuing certificate of the payment clearance.
• Reconcile with accounts department for client clearance.
• Responsible to meet tough situation with clients.
• Responsible to maintain good relation till registration with the client to uphold the goodwill of company.
• Any other activities as and when required by the Management.