The Function Purpose
Responsible for recovery of losses on charged-off delinquent credit accounts.
Main Responsibilities
- Manage the relationship with defaulted clients.
- Manage past due loan accounts that may require restructuring, special payment arrangement, etc.
- Follow up on restructured accounts and accounts under monitoring.
- Prepare credit proposal and implement transactions thereof.
- Evaluate the viability of the financial performance of the borrower.
- Negotiate payment schedules with customers.
- Prepare settlement transactions.
- Determine or recommend charge-offs.
- Adhere to manager’s business requests and directions.
Background
Bachelor’s degree.
(1+) year of relevant experience.
