Debt Recovery Specialist
5 days ago
A key aspect of this role is to establish contact with individuals or businesses to recover outstanding debts. This involves clear communication, negotiation, and the creation of timely repayment plans tailored to each debtor's financial situation.
Key Responsibilities:
- Contact debtors to discuss outstanding balances and work towards mutually beneficial repayment arrangements.
- Negotiate payment plans based on debtor financial capabilities and other relevant factors.
- Maintain accurate records of all communication and payment agreements, ensuring compliance with applicable laws and regulations.
- Ensure adherence to industry standards and regulations governing debt collection practices.
- Address debtor inquiries and concerns in a professional and courteous manner, fostering positive relationships.
- Prepare comprehensive reports detailing debt collection activities and progress.
Requirements:
- Possess a high school diploma or equivalent qualification.
- Previous experience in debt collection is desirable but not essential.
- Demonstrate strong communication and negotiation skills, enabling effective interaction with debtors.
- Have knowledge of relevant laws and regulations governing debt collection practices.
- Show excellent organizational and time management abilities, prioritizing tasks to achieve goals efficiently.
We at Milliken & Michaels Inc. strive to deliver exceptional commercial debt collection services that meet our clients' needs. Our mission is built around providing results-driven solutions with integrity, professionalism, and respect for our clients and their customers. We aim to recover outstanding debts efficiently while maintaining compliance and customer satisfaction through transparent communication and innovative solutions. The estimated annual salary for this position is approximately $55,000 - $65,000, depending on qualifications and experience.
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Small Balance Debt Recovery Specialist
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Financial Recovery Specialist
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