We are looking for an EMI Collection Specialist to join our team. In this role, you will be responsible for managing collections of early or mid-stage delinquent accounts. The ideal candidate will have strong communication skills, a good understanding of debt collection procedures, and a commitment to providing excellent customer service.
Key Responsibilities
Contact Delinquent Accounts: Reach out to customers with delinquent EMI payments through phone, email, or other communication channels.
Negotiate Payment Solutions: Work with customers to find mutually beneficial solutions, establish payment plans, or reschedule payments as needed.
Maintain Records: Document customer interactions, payments, and agreements in the CRM or collections system accurately and in a timely manner.
Analyze Payment Histories: Review customer accounts to understand payment history, assess repayment risk, and determine the best approach for recovery.
Collaborate with Internal Teams: Work closely with the Finance and Customer Service departments to resolve any issues that may impact collections.
Adhere to Compliance Standards: Ensure that all collection activities comply with relevant legal regulations and company policies.
Meet Collection Targets: Achieve individual and team goals for collections and account resolution within specified timeframes.
Qualifications
Education: High school diploma or equivalent; Bachelors degree in Finance, Business, or a related field is preferred.
Experience: 1-3 years of experience in collections, customer service, or a related field.
Skills:
Strong verbal and written communication
Negotiation and conflict resolution
Excellent organizational and time-management abilities
Proficiency in Microsoft Office and familiarity with collections or CRM software
Knowledge of EMI or loan repayment structures is a plus