Recovery Officer  
Telenor Microfinance Bank   More jobs from this company

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Job Title:   Recovery Officer
Category:   Accounts
Total Positions:   5
Job Location:   Sargodha, Bhalwal
Gender:   Male
Minimum Education:   Bachelors
Career Level:   Experienced Professional
Minimum Experience:   Fresh
Salary Range:   PKR 30,000 to 40,000 per Month
Apply By:   Feb 21, 2022
     
     
 
Job Description:
  • Ensure that collection targets are met as per the collection strategy.
  • Maintain and record all settlements agreements made with the customers.
  • Ensure daily follow-up from clients and maintains its log.
  • Ensure strong liaising with Branch Manager and Loan Officers for prompt recoveries.
  • Undertake regular and frequent calls, site visits, follow-ups to implement remedial strategies and action plans agreed with Team Lead
  •  Initiate demand and reminding letters to all defaulting customers and review all credit files for proper documentation and monitoring.
  • 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.
  • Prompt identification of unauthorized balances and follow up with branches on early warning and remedial action on newly created PDOs in the branch.
  • Monitoring and recovering of PDO’s /Expired CMB loans in the branches.
  • Carry out any other tasks assigned by the Regional Head of Recovery

Company Information
 
Company Name:  Telenor Microfinance Bank
Company Description:
pstrongOverview/strong/ppTelenor Microfinance Bank Limited is jointly owned by Telenor Group, the leading telecommunications company across Scandinavia and Asia with 174 million customers, and Ant Financial, the operator of the world's leading payment and lifestyle platform Alipay that's also an affiliate company of Alibaba Group. It is the first scheduled microfinance bank of Pakistan that provides a range of innovative banking solutions./ppTelenor Microfinance Bank created history in 2009, when it launched Easypaisa, Pakistan’s first branchless banking platform and the country’s only GSMA mobile money certified service. With the largest footprint in the country, Easypaisa has since then evolved into a digital lifestyle enabler which is leading the fintech revolution in Pakistan./ppMotivated by its strongvision of ‘transforming the financial landscape of the country’/strong, Telenor Microfinance Bank is on stronga mission to provide ‘instant access to convenient digital financial services’/strong that benefits the people of Pakistan. Telenor Microfinance Bank is empowering people to truly adopt the digital way of life./pp /ppstrongOur Values:/strong/pp• Customer First./pp• Create Together./pp• Keep Promises./pp• Be Respectful./p

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