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