Recovery Officer
Suvidha Sewa Pvt. Ltd., established in 2003, is a Staffing and Recruiting Company. Suvidha Sewa connects employers and job seekers with the most suitable opportunities and candidates available in the job-market through its comprehensive suite of services. Suvidha Staffing recruits, and manages human resources, payroll and benefits at various levels on behalf of our institutional clients. Suvidha Select brings competent job candidates to potential employers with the view of working towards a permanent placement. Suvidha C-Suite is our personalized executive search unit at the VP and CEO levels. All of these units serve job-seeking candidates and institutional clients. Suvidha Sewa thrives on professionalism. We practice the highest standards of ethical and professional conduct. Our objective is to help organizations direct their energies and resources towards building core competencies and reducing personnel management burdens, while guiding candidates through various stages of their entire professional careers. Suvidha Sewa is an associate member of CIETT, the international confederation of private employment agencies, which includes 6 of the largest staffing companies in the world: like Adecco, Gi Group, Kelly Services, Manpower, Randstad and USG People. Our services are available in Amlekhgunj, Atariya, Baglung, Bardaghat, Bhairahawa, Bhaktapur, Bhalwari, Biratnagar, Birgunj, Birtamod, Butwal, Charikot, Dadeldhura, Damak, Damauli, Dhading, Dhangadi, Dharan, Dhulabari, Fikkal, Ghorahi, Gorkha, Guleria, Hetauda, Inaruwa, Itahari, Janakpur, Jumla, Kathmandu, Kawasoti, Khairenitar, Khalanga, Khandbari, Kohalpur, Lalitpur, Lamjung, Lanku, Mahendra Nagar, Malangawa, Narayangarh, Nawalparasi, Nepalgunj, Parasi, Parsa, Pokhara, Sauraha, Surkhet, Tatopani, Tikapur, Tulsipur, Urlabari
Details / requirements:
- Undertake regular and frequent calls, site visits, follow-ups to implement remedial strategies and action plans agreed with Team Lead, Challenged Assets & Recovery.
- Initiate demand and reminding letters to all defaulting customers and review all credit files for proper documentation and monitoring.
- Obtain background information on all accounts assigned to the Challenged Assets & Recovery Team and especially customer information etc…
- Follow up on major debtors accounts assigned to ensure recoveries through calls, demand notices or any other appropriate means.
- Monitors Recovery Agents to ensure accounts assigned to them are fully recovered.
- Recovery of fully provisioned or written-off credit exposure and rehabilitate other impaired credit.
- Daily call memo and progress reports on negotiations with debtors in respect of repayment of indebtedness.
- Negotiations/meetings with customers who want loan work out options such as refinancing, rescheduling and restructuring
- Preparation of approval requests to management for negotiated settlements and follow up until account is fully settled and the balance written off.
- Follow up on sale of securities deposited for collateral alongside the legal department after other remedial strategies have been exhausted
- Preparation and recommendation of strategies for recoveries on major assigned accounts to the Team Lead.
- Collection on accounts assigned at the beginning of the year to ensure full repayment.
- Give priority attention to regularize outstanding legal and documentation issues on assigned portfolio.
- Liaise with external solicitors to ensure that cases referred to them for legal action are handled with efficiency.
Overview
| Category | Other / Misc. |
| Openings | 1 |
| Salary | Rs. 0 / Hour |
| Experience | 5+ years |
| Education | BBA / BBM |
| Posted Date | 28 Dec, 2018 |
| Apply Before | 25 Jan, 2019 |
| City | Biratnagar |
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