152 Recovery jobs in India

Company Overview

Margadarsi Chit Fund Pvt Ltd., part of the esteemed Ramoji Rao Group, is a well-established financial services provider with over 62 years of experience. Renowned for our customer-centric and trustworthy services, we offer diversified financial solutions across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu with 122 branches. Headquartered in Hyderabad, we belong to the Financial Services industry, fostering a team of 1,001 to 5,000 dedicated employees. For more details, visit .

Job Overview

We are seeking a dedicated Recovery Officer to join our team in Hyderabad on a full-time basis. This junior-level position requires a maximum of 3 years of work experience in a similar role. As a Recovery Officer, you will be tasked with managing debt recovery processes efficiently, playing a key role in maintaining customer relationships, and ensuring risk mitigation in financial services. Since, the job is field oriented only MALE candidates are preferred.

We have requirements in the following Branches in Hyderabad:

Kompally, Shamshabad, Hastinapuram, Gachibowli, Madhapur and Uppal

Qualifications and Skills

• Proficiency in debt collection techniques to efficiently manage recoveries and reduce outstanding debts (Mandatory skill).
• Strong customer relationship management skills to maintain and build lasting connections with clients (Mandatory skill).
• Excellent communication skills to effectively interact and negotiate with diverse clients and internal teams (Mandatory skill).
• Strong negotiation skills to reach acceptable debt recovery solutions and settlements.
• Risk assessment abilities to identify potential financial risks and develop mitigation strategies.
• Excellent conflict resolution capabilities to manage and resolve disputes amicably and promptly.
• Analytical skills to assess financial data and trends impacting recovery processes.
• Detail-oriented approach to accurately manage records and documentation related to debt recovery activities.

Roles and Responsibilities

• Execute recovery strategies to efficiently collect overdue payments and manage defaulting accounts.
• Maintain and enhance customer relationships to foster trust and loyalty while ensuring prompt recovery processes.
• Analyze financial statements and debtor records to determine recovery actions and procedures.
• Communicate with customers to negotiate repayment plans and settlements effectively.
• Collaborate with internal departments to ensure cohesive execution of recovery strategies.
• Prepare and maintain detailed reports of recovery activities for management review.
• Identify potential risks in debt recovery and implement appropriate mitigation actions.
• Attend meetings to provide updates on recovery status and suggest improvements to existing processes.

Company Overview

Margadarsi Chit Fund Pvt Ltd., a renowned player in the Financial Services industry, is part of the esteemed Ramoji Rao Group. With over 62 years of excellence, it ranks as a leading provider of diversified financial solutions. Operating in Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, the company boasts 123 branches and employs a workforce of between 1,001 and 5,000 employees, with its headquarters in Hyderabad.

Job Overview

We are seeking a dedicated Business Development Officer to join our growing team in Tirupati Branch. As a Junior level position, this full-time role is ideal for candidates with 1 to 3 years of work experience. The successful applicant will be pivotal in fostering business growth and enhancing client relationships in alignment with the companys customer-centric values. Candidate must and should have a minimum degree and ONLY MALE CANDIDATES ARE PREFERRED.

Qualifications and Skills

• Market Research (Mandatory skill): Ability to gather, analyze, and interpret data about market conditions, trends, and customers.
• Customer Relationship Building (Mandatory skill): Skilled in developing and maintaining strong relationships with customers through effective communication and service.
• Computer Knowledge (Mandatory skill): Proficiency in using computers and relevant software tools for business development tasks.
• Sales: Strong experience in selling financial products and services to a diverse customer base.
• Negotiation: Skilled in negotiating terms and agreements with potential clients and partners.
• Communication: Excellent verbal and written communication abilities to interact effectively with clients and colleagues.
• Lead Generation: Ability to identify and develop new business opportunities and potential customer leads.
• Networking: Capable of building and maintaining professional networks to support business development efforts.
• Excellent Communication Skills: The candidate should possess excellent communication skills to engage and interact effectively with diverse client groups and colleagues.

Roles and Responsibilities

• Conduct market research to identify potential markets and customer needs.
• Build and maintain strong relationships with existing and prospective clients.
• Utilize computer systems to support business development initiatives and maintain customer databases.
• Assist in the planning and execution of marketing campaigns and lead generation activities.
• Collaborate with the sales team to achieve business objectives and targets.
• Participate in negotiations with clients to secure favorable terms and agreements.
• Prepare regular reports and presentations for management review.
• Attend industry events and networking opportunities to build professional relationships.