
Collections Officer
1 week ago
-GXS Bank
Singapore
Posted 6 minutes ago Permanent Competitive
- G
- POSTED BY
- Geraldine Wong
- RecruiterFollow
The Collections Officer is responsible for executing the Collections operations and strategies (call centre, skip tracing, legal and working with External Collection Agencies if need be) for consumer and SME portfolios.
Job Responsibilities:
Manage the delinquent portfolio end-to-end; from early delinquencies to non-performing and write-offs
Monitor and control delinquency, minimise credit losses and improve resolution rates through effective digital strategies
Provide regular updates to management on delinquency trends, early warning signals from the newly booked portfolio and flow rate velocity and recovery indicators
Achieve the productivity standard set for the team and individual KPI
Call and follow-up with customers to secure payment plans
Review and execute appropriate Collections actions like legal, restructure and settlements to recover debt and minimise credit losses
Work with solicitors and outsourced collections agencies on assigned cases
Partner with product teams and business units to coordinate Collection’s activities across the bank
Take on additional projects and tasks assigned by reporting manager
Have at least 3-years of collections experience
Well versed in the bank products and processes
Good understanding of technology in the digital banking space
Possess strong written, communication and negotiation skills
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