Collections Executive - Retail MFB -… at Tata Capital · India

Collections Executive - Retail MFB - Collections - Kalyandurg - Mudigal Road - J Grades

Location: India

Key Objective of the Job:

• To drive the collection process of receivables across multiple sources thereby reducing the total outstanding
and the associated average number of days while continuing to make efforts to keep the client partnership
intact.

Major Deliverables:
• Correspond with multiple sources to negotiate payment schedules that suit the customer’s current financial
situation while still satisfying the debt.
• Keep track of the portfolio for specific buckets for the assigned area and control the delinquency of the area,
bucket-wise & DPD wise as well as focus on non-starters.
• Provide efficient customer service regarding collection issues, process customer refunds, process, and
review account adjustments, resolve client discrepancies and short payments
• Monitor and maintain customer account details for non - payments, delayed payments, and other
irregularities, making customer calls, account adjustments, small balance write off, customer reconciliations
and processing credit memos where necessary.
• Ensure customer files are updated, recording times and dates that contact has been made and noting
information that customers have received about their debt.
• Trace defaulters and assets in coordination with the agency’s tracing team and suggest remedial course of
action.
• Identify defaulting accounts and investigate reasons for default while continuing to make efforts to maintain
a healthy relationship with the customer.
• Enlist the efforts of sales and senior management when necessary to accelerate the collection process
including supporting the collection manager (court receiver) in repossessing assets and seeking legal and
police support where required.
• Ensure compliance to all Audit / regulatory bodies as well as policies and procedures of the company.

Educational Qualification: Graduate