Field Collection & Default Officer

Job Details:

    • Capacity to handle default recoveries
    • Extensive field work
    • Social dialogue
    • • 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.

Job Locations:

  • Hyderabad Branch

About MMBL:

Mobilink Microfinance Bank Ltd. is providing banking services to over 42 million registered users including 16+ million monthly active customers across Pakistan. With a hybrid model that combines traditional microfinance with mobile/digital banking technologies, the bank now operates with over 100 branches and 200,000 branchless banking agents and provides a USSD (GSM) based digital channel offering savings, micro enterprise (MSME) loans, small housing loans, remittances, collection (utility bills and loan installments), mobile wallets, insurance, G2P, B2B & B2P payments; thus, playing a leading role in the promotion of financial inclusion. MMBL is committed to fostering a positive and productive workplace, and our core values reflect this focus. These values include promoting innovation and entrepreneurship, encouraging teamwork and collaboration, and prioritizing a customer-centric approach in all aspects of our business.

Why Join MMBL ?

This is an opportunity for someone who is passionate about making a difference and playing a key role in driving transformative change. Our team is committed to empowering millions with the tools necessary to succeed in the digital age, and we're looking for a talented individual to join us in this endeavor.

Short Description
  • Job Type:

  • Positions:

  • Posted On:

    May 29, 2023
  • Last Date:

    Jun 04, 2023
  • Grade:

    Bank Contract
  • Department:

    Business Banking