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Legal Recovery Officer

Legal Recovery Officer

ConfidentialMandya
30+ days ago
Job description

Key Responsibilities :

  • Manage Receivables : Oversee and manage receivables for an assigned set of customers, with a focus on accounts marked as Non-Performing Assets (NPA) , ensuring timely repayment and minimizing defaults.
  • Process Compliance : Ensure strict adherence to company processes, repayment guidelines, and collection efforts, while maintaining compliance with regulatory standards and internal policies .
  • Repayment Efficiency : Drive efficient repayment practices to reduce the Overdue (OD) amount at the branch. Work proactively to minimize NPA levels and restore overdue accounts to regular status.
  • Timely Payment Collection : Actively pursue overdue payments using effective communication methods, ensuring timely collection and improved recovery rates .

Skills Required

Receivables Management

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Legal Officer • Mandya