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Debt Resolution Specialist

Debt Resolution Specialist

ClearGridLahore, Punjab, Pakistan
20 hours ago
Job description

Job Summary :

The Debt Resolution Specialist is responsible for managing the recovery of overdue accounts, using a proactive and customer-centric approach. This role requires expertise in debt collection, a strong understanding of recovery strategies, and a focus on maintaining positive customer relations while ensuring compliance with relevant regulations and company policies.

Key Responsibilities :

  • Debt Collection :

Manage and directly handle debt recovery efforts for overdue accounts.

  • Develop and implement tailored debt resolution strategies based on customer circumstances.
  • Initiate contact with delinquent customers to negotiate settlements, payment plans, or full debt recovery.
  • Customer Relationship Management :
  • Maintain professional relationships with customers, ensuring a balance between firm collections and customer empathy.

  • Address complex or escalated customer accounts, working toward effective and amicable resolutions.
  • Resolve disputes and complaints while upholding a positive image for the company.
  • Compliance and Regulation :
  • Ensure adherence to all relevant debt collection laws, regulations, and company policies.

  • Stay informed on industry trends and legal changes to ensure best practices in the debt resolution process.
  • Performance Monitoring and Reporting :
  • Track personal performance metrics, including recovery rates and customer engagement.

  • Prepare and present reports on recovery activities, outlining key results and areas for improvement.
  • Regularly assess and adjust collection strategies to meet company recovery goals.
  • Operational Efficiency :
  • Continuously seek ways to streamline debt collection processes for improved productivity.

  • Utilize collection software and tools to track progress and maintain accurate records.
  • Collaboration and Stakeholder Management :
  • Work with internal teams to coordinate and support the overall debt recovery process.

  • Collaborate with external agencies or partners as needed to facilitate collections.
  • Qualifications :

  • Proven experience as a debt collection agent, with a minimum of 2 years in debt resolution.
  • Experience in UAE and / or KSAbased debt collection preferred.
  • In-depth knowledge of debt collection laws, regulations, and best practices.
  • Strong communication and negotiation skills, with the ability to manage delicate conversations and resolve disputes.
  • Proficiency in debt collection software and tools.
  • Excellent organizational skills and the ability to prioritize tasks effectively.
  • Ability to handle high-pressure situations and manage customer concerns professionally.
  • Preferred Qualifications :

  • Certification in debt collection or related field.
  • Fluency in English a must, Arabic, Urdu, Hindi, or Malayalam a plus.
  • #J-18808-Ljbffr

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