Dedicated Recovery Officer with one year of experience at Telenor Microfinance Bank, adept at managing loan recovery processes and maintaining client relationships. Skilled in negotiation, problem-solving, and data analysis. Seeking to leverage expertise in a dynamic environment to drive efficient recovery outcomes and contribute to organizational success
A Description Recovery Officer at Telenor Microfinance Bank is responsible for managing and overseeing the recovery process of outstanding loans. This involves contacting customers who have defaulted on their loans, negotiating repayment plans, and ensuring compliance with company policies and regulatory requirements. Additionally, they may analyze delinquent accounts, implement recovery strategies, and maintain accurate records of all recovery efforts. Strong communication, negotiation, and problem-solving skills are essential for this role, along with a thorough understanding of banking and microfinance principles.