The Field Collection Officer visits borrowers to recover payments on commercial vehicle and auto loans. The role combines payment collection, settlement discussions, customer issue resolution, accurate recordkeeping, and compliance with relevant policies and regulations.
Role at a glance
Field loan collectionsCustomer visitsPayment recoverySettlement negotiationCustomer issue resolutionCollection reporting
Skills mentioned
Field collectionsCommercial vehicle loan collectionsAuto loan collectionsPayment negotiationCustomer communicationRecordkeepingRegulatory complianceIndependentteam-based work
What you will likely work on
- Visit customers to collect loan payments, discuss settlements, and address disputes.
- Receive payments, provide receipts, and update payment records.
- Build customer relationships, understand concerns, and work toward resolutions.
- Document customer interactions, payment activity, and related information accurately.
- Follow company policies, regulatory requirements, and industry standards.
- Report on collection activity, customer interactions, and payment recoveries.
Good fit signals
- Has 1–5 years of field collection experience involving commercial vehicle or auto loans.
- Holds a graduate degree in any discipline.
- Communicates clearly and negotiates effectively.
- Can work independently as well as with a team.
- Is able to travel extensively and work across different environments.