Recovery Cum Development Officers Job

Company Overview
Margadarsi Chit Fund Pvt Ltd., a renowned player in the Financial Services industry, is part of the esteemed Ramoji Rao Group. With over 62 years of excellence, it ranks as a leading provider of diversified financial solutions. Operating in Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, the company boasts 121 branches and employs a workforce between 1,001 and 5,000 employees, headquartered in Hyderabad.

Job Overview
Margadarsi Chit Fund Pvt Ltd. is seeking a dedicated Recovery Cum Development Officer for its locations in Visakhapatnam (Kurmannapalem, Madhurawada), Proddatur, and Tirupati. This full-time junior position requires 0 to 3 years of work experience. The role focuses on debt recovery, customer relationship management, and business development within the financial services landscape, offering an opportunity to work with a customer-centric firm. Candidate must and should have a minimum degree and FEMALE CANDIDATES SHOULD NOT APPLY, ONLY MALE CANDIDATES PREFERRED.

Qualifications and Skills
Experience in debt recovery with the ability to develop strategies to recoup outstanding debts effectively.
Strong customer relationship management skills to build and maintain trust with diverse clientele.
Proficiency in financial analysis to interpret and utilize financial data for informed decision-making.
Effective negotiation skills to reach favorable agreements while maintaining professional relationships.
Excellent communication skills to convey complex information clearly to clients and team members.
Proven ability in business development to identify and explore new potential markets and opportunities.
Strong analytical skills for assessing financial situations and formulating appropriate action plans.
Adaptability and problem-solving capabilities to handle challenging situations in a dynamic environment.

Roles and Responsibilities
Develop and implement recovery strategies to minimize overdue accounts and enhance cash flow.
Engage with customers to resolve queries and disputes, ensuring satisfactory solutions and service.
Conduct financial audits and analysis to support debt recovery objectives and determine asset values.
Identify new business opportunities and assist in market expansion activities.
Collaborate with cross-functional teams to ensure alignment of recovery and business development goals.
Prepare and present reports on recovery status, new business findings, and strategic recommendations.
Stay updated with industry trends to ensure compliance and optimize financial recovery practices.
Manage a portfolio of accounts strategically to achieve organizational and customer satisfaction objectives.

Information above is Internshala's interpretation and paraphrasing of what we found on the shared link.