Debt Resolution Specialist

Job Summary:

The Debt Resolution Specialist is responsible for managing the recovery of overdue accounts, using a proactive and customer-centric approach. This role requires expertise in debt collection, a strong understanding of recovery strategies, and a focus on maintaining positive customer relations while ensuring compliance with relevant regulations and company policies.

Key Responsibilities:

• Debt Collection:
• Manage and directly handle debt recovery efforts for overdue accounts.
• Develop and implement tailored debt resolution strategies based on customer circumstances.
• Initiate contact with delinquent customers to negotiate settlements, payment plans, or full debt recovery.
• Customer Relationship Management:
• Maintain professional relationships with customers, ensuring a balance between firm collections and customer empathy.
• Address complex or escalated customer accounts, working toward effective and amicable resolutions.
• Resolve disputes and complaints while upholding a positive image for the company.
• Compliance and Regulation:
• Ensure adherence to all relevant debt collection laws, regulations, and company policies.
• Stay informed on industry trends and legal changes to ensure best practices in the debt resolution process.
• Performance Monitoring and Reporting:
• Track personal performance metrics, including recovery rates and customer engagement.
• Prepare and present reports on recovery activities, outlining key results and areas for improvement.
• Regularly assess and adjust collection strategies to meet company recovery goals.
• Operational Efficiency:
• Continuously seek ways to streamline debt collection processes for improved productivity.
• Utilize collection software and tools to track progress and maintain accurate records.
• Collaboration and Stakeholder Management:
• Work with internal teams to coordinate and support the overall debt recovery process.
• Collaborate with external agencies or partners as needed to facilitate collections.
  

• Proven experience as a debt collection agent, with a minimum of 2 years in debt resolution.
• Experience in UAE and/or KSA based debt collection preferred.
• In-depth knowledge of debt collection laws, regulations, and best practices.
• Strong communication and negotiation skills, with the ability to manage delicate conversations and resolve disputes.
• Proficiency in debt collection software and tools.
• Excellent organizational skills and the ability to prioritize tasks effectively.
• Ability to handle high-pressure situations and manage customer concerns professionally.
  
  

• Certification in debt collection or related field.
• Fluency in English a must, Arabic, Urdu, Hindi, or Malayalam a plus.