Recovery Lead Jobs in Hyderabad - For a client of TeamLease Services Ltd
Recovery Lead
For a client of TeamLease Services Ltd
This role is deputed to Teamlease Staffing by the company
Posted: 17 Nov 25
Job Description
A recovery lead is a management or senior position responsible for developing and implementing strategies to recover overdue debts or assist individuals and organizations in regaining financial stability. Key responsibilities include leading a team, analyzing accounts, negotiating payment plans, ensuring legal compliance, and reporting on recovery progress. Qualifications typically involve a bachelor's degree, experience in collections or recovery, and strong leadership, negotiation, and analytical skills.
Key responsibilities
- Strategy development: Develop and implement effective debt recovery strategies to minimize financial loss.
- Team leadership: Lead, manage, and mentor a team of recovery specialists, providing guidance and support.
- Account management: Oversee the management of delinquent accounts, including analyzing risk and creating recovery plans.
- Negotiation: Guide and approve complex negotiations with clients to arrange payment plans and settlements.
- Reporting: Prepare and present detailed reports on recovery progress, performance, and trends to senior management.
- Compliance: Ensure all recovery activities comply with relevant financial laws and regulations.
- Collaboration: Work with legal, compliance, and other departments on escalated cases or complex issues.
- Process improvement: Identify opportunities to improve the efficiency and effectiveness of the recovery process.
Qualifications and skills
- Education: Typically requires a bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Experience: Several years of experience in debt recovery, collections, risk management, or a similar field are essential.
- Leadership: Proven leadership and team management skills are crucial for leading a recovery team.
- Analytical: Strong analytical skills to evaluate financial situations, assess risk, and develop effective strategies.
- Negotiation: Excellent negotiation and communication skills to handle sensitive client interactions and secure payment arrangements.
- Compliance: Thorough knowledge of relevant financial laws and regulations is required.
- Technical: Proficiency with collections software, CRM systems, and Microsoft Office Suite (Excel, Word) is necessary.
- Recovery Team Lead – Job Description - The Willow CenterEducation: High School Diploma or GED. Preferred: Bachelor's degree
Job Particulars
Role engineer core non it
Education LLM, B.Arch, Certificate Course (ITI), Diploma, M Phil / Ph.D, B.Com, B.Pharm, BA, M.Arch, M.Com, M.Pharm, MA, BBA/BBM, BCA, BDS, BE/B.Tech, MBA/PGDM, BEd, BHM, BSc, MCA, MD, MDS, ME/M.Tech, BVSc, CA, CS, ICWA, LLB, MBBS, MEd, MHM, MS, MSc, MSW, PG Diploma, 10th Pass (SSC), 12th Pass (HSE), No Education/Schooling, Upto 9th Std, Vocational Training, B.Design, B.FashionTech, BFA, BAMS, BHMS, MVSc, B.P.Ed, MPEd, B.F.Sc(Fisheries), M.F.Sc(Fisheries), BSW, Other Graduate, Other Post Graduate
Who can apply Freshers
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id2791833
Job Category
Locality Address
State Telangana
Country India
About Company
NA
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