Roles: Loan Recovery Executive
Company name: Soundlines Group
Location: Colaba, Mumbai.
Key responsibilities:
Portfolio Management: Oversee a portfolio of delinquent accounts and categorize them based on the severity of delinquency.

Contacting Borrowers: Initiate contact with borrowers who have defaulted on loans through phone calls, letters, and emails to discuss their outstanding debt.

Negotiation: Negotiate repayment plans and settlements with borrowers, considering their financial situation and the lender's policies.

Documentation: Maintain accurate records of all communication with borrowers, including promises to pay, payment agreements, and any relevant details.

Skip Tracing: Use skip tracing tools and techniques to locate borrowers who have become difficult to contact.

Legal Compliance: Ensure that all recovery activities comply with legal and regulatory requirements, including debt collection laws such as the Fair Debt Collection Practices Act (FDCPA).

Asset Evaluation: Assess the feasibility of collateral repossession and manage the process if necessary, in cases of secured loans.

Report Generation: Create reports detailing the status of delinquent accounts, recovery efforts, and potential write-offs for management review.

Customer Relations: Handle borrower inquiries, concerns, and complaints professionally and empathetically, seeking to resolve issues amicably.

Continuous Improvement: Recommend process improvements and strategies to enhance loan recovery efficiency and reduce future delinquencies.
Salary: Attractive Salary + Incentive
Notes:
1. Looking for applicants having portal sourcing experience for industries such as - Constructions, Oil & Gas, FMCO, Retail, Hospitality, Healthcare, etc.,
2. Applicants need to have experience in bulk hiring for blur collar and white-collar category candidates.

Interested applicants share their updated CV at below mentioned E-mail ID: pranali@soundlinesgroup.com
8356067725