As a Collections Executive, you will be responsible for chasing outstanding debts, building strong relationships with customers, and achieving collection targets. You will need to have excellent communication and negotiation skills, as well as the ability to handle difficult situations and resolve conflicts.
Responsibilities
- Contact customers via phone, email, or mail to collect outstanding debts
- Negotiate payment plans and repayment schedules with customers
- Resolve disputes or conflicts related to payments
- Maintain accurate records of customer interactions and transactions
- Monitor customer accounts to ensure timely payments and prevent overdue debts
- Identify and address any issues or reasons for non-payment
- Collaborate with the finance team to implement strategies for faster collections
- Provide regular reports on collection activities and outstanding debts
Qualifications
Proven experience as a collections executive or similar roleExcellent communication and negotiation skillsAbility to handle difficult situations and resolve conflictsStrong attention to detail and accuracyGood knowledge of debt collection laws and regulationsProficient in using collection software and CRM systemsAbility to work independently and meet collection targetsBachelor's degree in finance or a related field is preferredSkills
Strong communication and interpersonal skillsNegotiation and persuasion skillsProblem-solving and conflict resolution skillsAttention to detail and accuracyKnowledge of debt collection laws and regulationsProficiency in using collection software and CRM systemsAbility to work independently and meet collection targets