Recovery Officer

Key Job Responsibilities

  1. To visit in the banks to take new NPA cases in our company’s name for recovery.
  2. To visit the defaulting borrowers for pressurizing them to pay the Banks dues and further follow-up with them for settlement with the Bank
  3. To know the borrowers financial position and willingness to pay the bank’s dues & assess the market value/status of the property
  4. To Visit the mortgaged property for survey and knowing its status, market value, occupancy etc, and take its photo for company and Bank reporting
  5. To visit the borrower/mortgaged property for serving legal notices (& take photos).
  6. To visit the borrower/mortgaged property for taking symbolic possession (take photos)
  7. In case borrower does not deposit any money (within limited time), Move the application to DM for getting seizing orders,
  8. Co-ordinate with the police and seizing the property in the presence of banker and police
  9. Finding buyers for the property, assist the Bank in auctioning the same and recovering the banks
  10. Raising the bills to banks (from our delhi office) and getting our
  11. Liaison with our company Head office for preparation of documentation in the cases
  12. Submission of bills for our services to Bank and follow-up for payments from Bank
  13. Regular – Daily / Weekly reporting to HO for updation of status of each case, monitoring and guidance by senior officers from HO, advise on next action

Required Candidate profile

  1. Minimum 3-4 year of relevant experience.
  2. Should have a vehicle to commute
  3. Excellent communication in regional language.
  4. Should be willing to travel to different locations across state.
  5. IIBF Certified candidates are first preferable.
  6. Should have working experience on Email communication, MS Word/ MS Excel (basic working knowledge)

Salary: ₹15,000.00 – ₹20,000.00 per month

Location: Motihari, Rajkot, Jaipur, Karnal, Hisar, Guwahati, Jorhat, Delhi and Mumbai

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