Role Summary
The Recovery Officer will be responsible for managing overdue corporate accounts, following up with clients for timely repayments, conducting field visits when required, and ensuring structured recovery of outstanding dues. The role demands professionalism, negotiation skills, and the ability to handle sensitive financial discussions.
Key Responsibilities
- Track and monitor overdue corporate accounts
- Follow up via calls, emails, and in-person visits
- Visit client offices for recovery discussions when required
- Negotiate structured repayment plans in coordination with management
- Maintain accurate records of communications and recovery progress
- Prepare daily/weekly recovery reports
- Escalate critical cases to senior management or legal advisors
- Ensure compliance with company policies and ethical recovery practices
- Maintain strong and professional client relationships
Required Qualifications
- Bachelor’s degree in Commerce, Finance, Business Administration, or related field
- 1–4 years of experience in collections, recovery, or credit control (B2B preferred)
- Strong negotiation and communication skills
- Professional, firm, and confident personality
- Willingness to travel for client visits
- Basic understanding of financial statements and loan structures
Preferred Skills
- Experience in corporate lending or structured finance
- Ability to handle high-value accounts
- Knowledge of secured and unsecured loan recovery processes
- Strong documentation and reporting skills
Compensation & Benefits
- Competitive Fixed Salary (based on experience)
- Attractive Performance-Based Incentives
- Travel Allowance for field visits
- Opportunity to grow within a finance-focused organization
- Exposure to corporate clients and structured funding transactions
Work Schedule
- Monday to Saturday
- Office-based role with field visits as required
Why Join Mangal Mudra?
- Professional and growth-oriented work environment
- Direct exposure to corporate finance operations
- Performance-driven culture with strong earning potential
- Opportunity to build a long-term career in debt financing
Job Type: Full-time
Pay: ₹8,545.39 - ₹25,000.00 per month
Work Location: In person
