Debt Recovery Specialist

7 days ago

Islamabad, Islamabad, Pakistan beBee Careers Full time
Debt Recovery Specialist

The role of a Debt Recovery Specialist involves the initiation and management of debt recovery processes from clients. This includes reviewing and analyzing credit accounts to identify delinquent payments and potential risks.

Critical aspects of this job include negotiating payment plans with customers, maintaining accurate records of interactions, and providing regular reports to management on the status of outstanding debts.

This position requires collaboration with other departments to ensure compliance with relevant laws and regulations governing debt recovery processes.

Key Responsibilities
  • Initiate and manage debt recovery processes.
  • Analyze credit accounts for delinquent payments and potential risks.
  • Negotiate payment plans with customers.
  • Maintain accurate records of interactions.
  • Provide regular reports to management.
Required Skills and Qualifications

To be successful in this role, candidates should possess a bachelor's degree in finance, accounting, or a related field, as well as a proven track record of success in credit recovery roles, with a minimum of 5 years of experience.

Strong negotiation and communication skills are essential, along with the ability to work independently and under pressure to meet deadlines.

Candidates should also have knowledge of relevant laws and regulations governing debt recovery processes and proficiency in using financial management software and Microsoft Office Suite.

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