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Collection Officer Job Openings by Citi in Salem, Tamil Nadu September 2017

Job Title Collection Officer Job Openings Salem, Tamil Nadu Citi
Pub Date 8 months ago -
Company Citi
Location Salem Tamil Nadu

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To help to the organization eyesight and also vison arrives correct; Citi can be open up with fresh placement seeing that begin from September 2017. Everyone who is enthusiastic about filling up this particular vacant, remember to engage in this Collection Officer Job Openings recruitment inside . It really is encouraged for all contributors to arrange just about all essential demands due to this task recruitment procedure, for the reason that method need you to definitely allow acceptable spec that this business desires because of this place. If you are that you will be the one which can certainly load the standards, you can look at you just read more information about Collection Officer Job Openings below.

Citi Job Opportunities 2017

Collection Officer Job Openings - Salem Tamil Nadu
Primary Location: India,Tamil Nadu,Salem
  • Education: Bachelor's Degree
  • Job Function: Operations Credit Ops
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 50 % of the Time
  • Job ID: 16078676

  • Description
    • Monitor and control Delinquency and Credit losses for ABF portfolio of Commercial Banking Group.
    • Ensure charge-offs are minimised and recoveries are effected on Charged-off Accounts
    • Exercise adequate control over utilisation of CACS.
      • Productivity
      • Resolution
      • Account Coverage
    • Ensure proper documentation of Collection related activities
      • Timely assignment of Collection cases to Agencies (If required)
      • Conduct periodic audits related to collection agencies, processes.
      • Ensure follow-up on all Return Cheques for resolution:
      • Identification and timely follow up of all Skip cases
      • Ensure legal recourse and follow up on delinquent accounts where applicable
      • Assist Fraud Control unit in investigation
      • Continuously review portfolio and collection reports to ‘highlight’ potential delinquent accounts
      • Liaison with Legal/Law Enforcing Authorities for speedy recovery processNegotiate with seriously delinquent borrowers and obtain repayments to minimize losses
      • Ensure compliance with Budgets
    • Ensure that Collection Costs are within Budgeted levels
    • Ensure that the function receives a clear satisfactory rating in all Audits
    AML:
    • Ensure foolproof verification of identity of bank’s customers as per laid down procedures. The internal process flow must have built in reviews to ensure detection of any errors/ understanding issues.
    • Suggest process changes if local conditions warrant making the processes stronger
    • Ensure that proper risk classification is done at the time of approving transactions
    • Report any transaction where funds appear to originate from suspected illegal sources
    • Complete review all relevant reports
    • Raise awareness on AML

    Qualifications
    • Graduate with 3-4 years of experience

    As one of the leading company in India, Citi opens variety of opportunities for employees to grow and make them as future leaders of the professional and disciplined. Citi also gives a dynamic work environment in order to encourage employees to contribute optimally, and at the same time is able to work up new experience and knowledge through the company programs.

    If Mr fascinated to registrate Collection Officer Job Openings Salem Tamil Nadu September 2017 Citi Citi, immediately prepare requirements / files and documents needed for submit Collection Officer Job Openings Salem Tamil Nadu September 2017 Citi above. To apply by online, please click the "Apply" button below. If you still do not satisfy with our job recruitment information above, you can try to read other job recruitment information that we provide in our website which still located in Salem Tamil Nadu region from any other company.


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