Credit Control Job Vacancies in Chennai

Collection of Payments:Collect monthly contributions from chit fund subscribers as per the due date.Maintain accurate records of payments made, including updating collection details in the system.Follow up with subscribers for timely payments, ensuring minimal delays.Customer Relationship Management:Build and maintain strong relationships with subscribers to ensure smooth communication and payment collection.Address subscriber queries and concerns related to the chit fund program.Provide information to subscribers about upcoming payments, chit fund terms, and conditions.Cash Handling:Handle cash, cheque, and digital payments in a secure and accurate manner.Ensure proper documentation for all transactions.Documentation and Reporting:Maintain proper records and reports of all collections, including receipts, payment updates, and defaulters.Report daily collection status to the Collection Manager or Supervisor.Defaulter Management:Identify defaulters and initiate appropriate actions to collect overdue payments.Follow up with subscribers to resolve overdue balances and issue reminders or warnings as needed.Compliance:Ensure all collections are carried out in compliance with company policies and regulatory requirements.Maintain confidentiality of subscriber information and ensure data security.

Role & responsibilities We are seeking an experienced and results-driven Credit Control Manager to oversee and manage the credit operations of our healthcare business. The ideal candidate will ensure smooth credit processes, monitor outstanding accounts, and work closely with the sales and finance teams to maintain a healthy cash flow. Strong interpersonal skills, attention to detail, and the ability to communicate effectively in Hindi are an added advantage.Roles and Responsibilities:Credit Management:Develop and implement effective credit policies and procedures.Conduct credit assessments and approve or deny credit applications based on established criteria.Set and monitor credit limits for customers.Accounts Receivable Oversight:Manage and monitor outstanding receivables to ensure timely collections.Analyze overdue accounts and prepare action plans to address them.Maintain accurate and up-to-date records of all credit transactions.Customer Relationship Management:Establish strong relationships with clients to facilitate smooth communication.Negotiate payment plans or terms with customers when needed.Address and resolve customer disputes related to credit issues.Collaboration with Internal Teams:Work closely with sales, finance, and operations teams to ensure alignment in credit policies and customer management.Provide regular updates and reports to management on credit status and outstanding balances.Compliance and Reporting:Ensure adherence to legal and regulatory guidelines regarding credit practices.Prepare and present reports on credit performance and risk analysis.Risk Assessment:Identify potential credit risks and implement measures to mitigate them.Review market trends and customer profiles to assess creditworthiness.Key Skills and Qualifications:Bachelors degree in finance, accounting, or a related field.Minimum of 4 years of experience in credit control or a similar role in the healthcare industry/ any field.

Field Credit Officer: Qualification: Graduates in any discipline. Role: This team will be on field. They will travel to customers business site as per address given by Banks. They need to collect business information from the customer as per format given in our APP. 3-day training is given to this team for their readiness. Salary: 12,000 to 16,000 p.m. + Travelling Allowance + Monthly incentives up-to 3K to 6K Location: Candidates required in all the metro cities in Maharashtra, Karnataka, Gujarat, Kerala, Madhya Pradesh Timing: 10 am to 7 pm (May vary as per Customers appointment). No`s required: 30 each in state Job Role * Candidate will meet customers at their office/factory and take all business details. Candidate must have skills to source maximum information from customers and should be observant and patient during personal discussion. * Also, should be able to judge business from the set up seen during site visit. Requirement: * Candidate must have a bike & Android Phone * Candidate must know basic English and should be able to write in English. He must be honest and disciplined. * Candidate should be able to handle different types of customers patiently. Candidate will be expected to travel locally.

1. Work experience as a Credit Manager, Risk Manager ,Credit Analyst similar role.2. Relevant experience in Banking/NBFC /Microfinance3. Solid understanding of lending procedures4. Excellent analytical skills, with the ability to understand Financials , cash flow and Credit parameters5. Credit assessment related experience Retail Loan/Personal Loan /MSME6. Minimum 1 year of experience in relevant field or above7. Candidate based in Chennai

We have vacant of 2 Area Collection Manager Jobs in Chennai, Tamil Nadu, Experience Required : 2 Years Educational Qualification : Other Bachelor Degree Skill Credit Control etc.

Role: Area Credit ManagerLocation:ChennaiInterview Mode:VirtualExperience:7-10 YearsJob Description:ResponsibilitiesResearch and evaluate clients creditworthinessCreate credit scoring models to predict risksApprove or reject loan requests, based on credibility and potential revenues and lossesCalculate and set interest ratesNegotiate loan terms with clientsMonitor paymentsMaintain records of loan applicationsFollow up with clients to manage debt settlements and loan renewalsEnsure all lending procedures comply with regulationsDevelop, review and update our companys credit policiesRequirements and skillsProven work experience as a Credit Manager, Credit Analyst or similar roleHands-on experience with accounting softwareSolid understanding of lending proceduresExcellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)Negotiation skillsBSc in Accounting, Economics, Banking and Finance or relevant field

Credit Manager is responsible for managing a team that recovers unpaid monies owed to the organization. The debts may be from either business (commercial collection) or individuals (consumer collection). The credit function plays a vital role in the finance department to ensure that invoices are paid on time to assist the organization. This role often shares a number of responsibilities with the Accounts Receivable Manager.

BRANCH UNDERWRITING:Piramal Capital & Housing Finance ltd., as a commitment to serve all lending needs of consumers of Bharat is hiring Credit manager for its retail business. The person will be responsible for analysing the customer credit profile including financials and cash flow analysis for both salaried & self-employed segments, conducting personal discussions and underwrite / sanction the case. EXTERNAL:CustomersVendors Internal auditorsCredit BureausKEY STAKEHOLDERS:Credit Head for HFCRisk & Compliance teamCredit Analyst and OperationsLegal teamSales teamCollections teamESSENTIAL SKILLS:Knowledge of local markets and trends in retail lendingUnderstanding of local business and micro economyAbility to work under tight deadlines and to prioritize conflicting and changing prioritiesKeen understanding and focus on risk, controls, compliance and regulatory frameworkAbility to liaise with internal stakeholders and cross-functional teamsStrong customer focus and management of stakeholder expectationsStrong analytical & communication skills (written & verbal)Should be willing to adapt to digital tools and processes QUALIFICATION:Preferably CA/CA Inter/ ICWA/ MBA Finance / Post Graduate/ Graduate1-5 years of relevant experience in Credit underwriting Retail Asset Banking products, services and operations (preferably in private sector, HL & LAP/SME)Deep experience & understanding of retail financial services across NBFCs, banking

Follow-up with Default customer for Recovery of over-due amount as per the AllocationEarly morning Visits @7amEnsure that Customers is treated well during the Overdue Follow upMotivate the customers to make On time RepaymentTrace out the absconded default customers and initiate recovery processEnsure that collection process and legal guidelines to be adheredInitiate the process of reporting full details about non-payment customers for action planEnsure the Weekly/ Monthly Collection Target is met