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Permanent

Account Manager Debt Recovery

London
money-bag 40000.00-40000.00 Annual
2919848748
Posted 3 weeks ago

We a looking for an Account Manager in debt recovery. This position plays a key role in managing relationships between a company and its clients who owe outstanding debts. The role typically involves working to recover owed amounts while maintaining a professional relationship with clients. Here are the main responsibilities and skills involved in the role of an Account Manager in debt recovery: Key Responsibilities: Debt Collection Management: Monitor and manage a portfolio of accounts with outstanding debts. Contact clients via phone, email, or letter to remind them of overdue payments. Negotiate payment terms and settlements. Customer Relationship Management: Build and maintain positive relationships with clients to encourage timely payments. Provide clients with assistance on resolving payment issues or disputes. Handle complaints or concerns related to outstanding debts. Reporting: Keep detailed records of debt recovery activities. Generate regular reports on the status of debt recovery efforts. Report to management on the progress and challenges of outstanding accounts. Compliance: Ensure all debt recovery processes are compliant with laws and regulations related to collections and financial practices. Stay updated on changes in financial regulations or collection laws. Problem Solving: Work with clients to develop feasible payment plans or alternative solutions for debt repayment. Address any financial disputes or challenges

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