Credit Operations – Repossession Officer
Salary undisclosed
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Job Description
As Repossession Officer, you will be responsible for managing the collection and repossession process of overdue accounts. This role involves developing strategy to do repossession and collection of collateral, managing vendor performance, doing initial assessing the value of assets, and ensuring compliance with company policies and regulations.
Key Responsibilities
As Repossession Officer, you will be responsible for managing the collection and repossession process of overdue accounts. This role involves developing strategy to do repossession and collection of collateral, managing vendor performance, doing initial assessing the value of assets, and ensuring compliance with company policies and regulations.
Key Responsibilities
- Oversee repossession process for delinquent accounts, ensuring compliance with company policies and legal regulations
- Coordinate external vendors to facilitate asset recovery process
- Conduct field visits to assess the condition of collateral and coordinate repossession efforts.
- Maintain accurate records of all repossession activities, including documentation and communications.
- Work closely with other departments, such as Collections, Legal, and Risk Management.
- Bachelor’s degree in Finance, Business Administration, or a related field.
- Minimum of [2-3 years] experience in repossession, appraisal, or a related field, preferably in the multi-finance industry.
- Able to work in a fast paced environment