Collection Officer
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Key skills for this role
About the Role
BankByChoice is looking for a Collection Officer in Dubai to contact clients and collect outstanding debts. The role requires tracking accounts, negotiating payment plans, and reporting on collection activity.
Key Skills for This Role
Responsibilities
- Keep track of assigned accounts to identify outstanding debts
- Locate and contact debtors to update and forward up on their payment status
- Take actions to encourage timely payments
- Report on collection activity and accounts receivable status
- Update account status records and collection efforts
- Review collection MIS (receivable reports) to measure own effectiveness, productivity & efficiency
- Contact and communicate effectively with debtors to negotiate and implement debt recovery plans
Requirements
- Proven experience as a Collection Specialist or similar role
- Minimum of 2 years in the collection department
- Knowledge of collection laws and regulations
- Excellent communication skills
- Any graduate
Full Job Posting
Overview
- We are looking for a reliable Debt collector to contact clients and collect outstanding debts towards their creditors.
- You will be accountable for recovering the money owed in a specific time.
- Excellent communication skills and a sense of urgency are extremely useful to succeed in this task.
Roles & Responsibility
- Keep track of assigned accounts to identify outstanding debts.
- Locate and contact debtors to update and forward up on their payment status.
- Take actions to encourage timely payments
- Report on collection activity and accounts receivable status
- Update account status records and collection efforts
- Review collection MIS (receivable reports) to measure own effectiveness, productivity & efficiency.
- Contact and communicate effectively with debtors to negotiate and implement debt recovery plans.
Qualification
- Should have experience of min of 2 years in the collection department
- Knowledge of collection laws and regulations
- Excellent communication skills
- Any graduate
Compensation
- Pay: AED3,000.00 AED3,500.00 per month
Schedule
- Job Type: Full time
Work Location
- Work Location: In person
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