Recovery Officer Job Description

As a Recovery Officer, you will be responsible for monitoring and recovering outstanding debts from customers. You will work with clients to create repayment plans, negotiate settlements, and ensure timely payment collection.

Responsibilities

  • Contacting customers to discuss overdue payments
  • Developing and implementing repayment plans
  • Negotiating settlements with customers
  • Tracking and monitoring payment schedules
  • Maintaining accurate records of debt collection activities

Qualifications

  • Bachelor's degree in Finance, Accounting, or related field
  • Previous experience in debt collection or financial services
  • Strong negotiation and communication skills
  • Attention to detail and ability to work under pressure

Skills

  • Financial analysis
  • Debt collection strategies
  • Negotiation skills
  • Customer relationship management