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Recovery Manager at a Well-Known Financial Services Organization in Yangon

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Job Type: Permanent
Location: Yangon
Industry: Collections / Recovery, Banking & Financial Services
Salary Detail: Up to 1,500,000 MMK plus other allowances
Reference: KCH017059

Job Description

​Recovery Manager at a Well-known Financial Services Organization in Yangon

  • Responsible for negotiating repayment and extensions with clients or write off debt to reduce the company’s potential loss of income

  • Up to 1,500,000 MMK plus other allowances

The Role

Good Opportunity for a well-experienced Credit Recovery candidate who has a strong knowledge of loan procedure and recovery collection functions as well as the best practices according to financial laws and regulations of the governments in Yangon

About the Company

Our client is a well-known financial services organization that is providing the best financial needs and banking activities to the customer and business as well as the sustainable growth of the economy of the country

Description

  • Managing overdue collecting payments from the individuals or businesses responsible for the debt

  • Setting up and implementing the payment collection targets for the department

  • Preparing an action plan to covering all responsibilities of this position

  • Identifying and advising the legal officer on all delinquent accounts that require legal proceedings on a regular basis

  • Contacting customers to inform on delinquency, encourage on-time payments and set up payment plans

  • Implementing the collection policies and procedures to avoid the excessive outstanding credit

Requirements

  • Minimum 3 years of working experience as a Collection or Recovery Manager in financial related industries especially in Banking or Microfinance

  • A Bachelor’s degree of Science in Accounting, Finance, Banking and Business or a related field

  • Strong time management and people management skills

  • Exceptional analytical skills and an eye for detail

  • Willingness to be based in Yangon, with frequent travel throughout Myanmar

  • Good Command in both written and oral in Burmese and English languages

Benefits

Annual Bonus + Allowances

Career Growth Opportunities

An appealing career growth opportunity that the candidate could get through this company

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