Field Collection & Default Officer

Job Description:

  • • Re- Establishing / refreshing / Redevelopment contact / relationships with the write off Borrowers as per defined SOP of the bank. • Achievement of assigned targets / objectives of write off recovery with best ethical and moral practices by following SOPs. • Ensure to achieve 100% write off recovery targets. • Extra care must be taken while handling of customers legal documents to avoid any misuse. • Preference to be given to customers to deposit their loan repayments at Bank’s cash counter only however, in case the write off recovery to be collected in field (as cash), the proper duly signed Cash Collection Receipt (CCR) to be issues to each borrower against the collected amount and same to be deposited in Bank on same day. • Preparation of daily field activity planner and deviation marking in consultation with BM. • Lodgment of postdated Cheque’s of write off borrowers for forced settlement of write off loans. • Seeking timely approvals from management for filing of recovery suits, entrusting the case to the lawyers, arranging the provision of necessary documents as required for filing recovery suits in the relevant court of law & etc. • Maintaining/Analyzing MIS of write off cases with all details pertaining to write off portfolio & Maintains files & records to provide collection activity for every write off account, and provides daily, weekly, monthly, and quarterly reports of collection results.

  • • Hold an Intermediate / Bachelors’ degree from a reputable Institution, preferably L.L.B. • Preferably have at least 2-3 years’ experience in related field.

  • Capacity to handle default recoveries Extensive field work Social dialogue

  • • Good Communication & interpersonal skills. • Previous experience of field recoveries. • Negotiation skills. • Ability to work independently.

Job Specifications:

  • 16 year education

  • business, commerce and Agriculture

  • MS Office

  • Extensive field work

Job Locations:

  • Hyderabad Branch
Short Description
  • Job Type:

  • Job Experience:

    1.00 years
  • Positions:

  • Posted On:

    May 29, 2023
  • Last Date:

    Jun 04, 2023