Manager Repayment & Reconciliation

Job Summary.

We are looking for a detail-oriented and analytical professional to join our Operations team as a Repayment and Reconciliation Specialist.

The candidate will be responsible for handling loan repayment schedules, reconciling EMIs, managing discrepancies in payment reports, and ensuring accurate and timely recording of all transactions.

The role requires a solid understanding of financial reconciliation processes, EMI structures, and debt repayment mechanisms.

Key Responsibilities.

Repayment Management:.

Track and manage loan repayments from various customers.

Monitor the loan schedule and update records as per payment receipts.

EMI Presentation.

Oversee and present EMI breakdowns to clients and stakeholders.

Ensure EMI amounts and interest calculations are accurate.

Provide periodic updates and reports on EMI status.

Reconciliation.

Perform daily, weekly, and monthly reconciliations of EMI payments with customer accounts.

Identify and resolve discrepancies between payment records and actual cash flows.

Reconcile ledgers and ensure the accuracy of accounts.

Discrepancy Handling.

Investigate and resolve payment issues such as underpayments, overpayments, or missed EMIs.

Collaborate with internal teams to rectify any financial discrepancies.

Reporting.

Generate financial reports related to EMI and repayment.