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

Job Title Collection Officer Job Openings Salem, Tamil Nadu Citi
Pub Date 30+ days ago -
Company Citi
Location Salem Tamil Nadu

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To help make the organization eye-sight along with vison come accurate; Citi will be wide open up for brand-new position because begin as April 2017. Everybody who is interested about staffing this specific vacant, remember to engage in this Collection Officer Job Openings recruitment inside . It is suggested for many participants to arrange almost all required demands because of this career recruitment method, because course of action requires you to allow appropriate specs that this company wants just for this position. If you are that you will be one which can certainly load the actual specs, you can attempt to learn more info 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
    • 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

    • Graduate with 3-4 years of experience

    As one of the leading company in India, Citi offers 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 increae new skills and knowledge through the company programs.

    If Ms fascinated to registrate Collection Officer Job Openings Salem Tamil Nadu April 2017 Citi Citi, immediately prepare requirements / files and documents needed for fill Collection Officer Job Openings Salem Tamil Nadu April 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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