Implement Collections strategies on all accounts in arrears through engaging the customer through the telephone, e-mails & physical visit to demand for payments on overdue accounts.
Maintain daily activity logs of number of calls, physical visits, right party contacts, promises to pay and promises to pay kept by negotiating effective payment plan arrangements & settlement that would prevent the account from rolling forward.
Verify information of overdue arrears and follow up with a call and physical visit.
Investigate and resolve discrepancies in the customer’s payment schedule and repayment instruments.
Requirements
Required: A minimum of 2-3 years’ experience in collections/Recovery within Financial institution