Recovery Officer  
Telenor Microfinance Bank   More jobs from this company

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Job Title:   Recovery Officer
Category:   Accounts
Total Positions:   4
Job Location:   Karachi
Gender:   Male
Minimum Education:   Bachelors
Degree Title:   Bachelor's degree in Finance or a related field
Career Level:   Entry Level
Minimum Experience:   FreshLess than 1 Year
Salary Range:   PKR 35,000 to 40,000 per Month
Apply By:   Aug 11, 2025
     
     
 
Job Description:

The incumbent is responsible for assessing actions to be taken in each case and recommending and initiating legal actions. The incumbent performs field work to make collections, including the seizure and sale of unsecured personal property to settle accounts.

1. Ensure that collection targets are met as per the collection strategy.

2. Maintain and record all settlement agreements made with the customers. 3. Ensure daily follow-up from clients and maintains its log.

4. Ensure strong liaison with Branch Manager and Loan Officers for prompt recoveries. 5. Undertake regular and frequent calls, site visits, follow-ups to implement remedial strategies andaction plans agreed with Team Lead

6. Initiate demand and reminding letters to all defaulting customers and review all credit files for proper documentation and monitoring.

7. Follow up on major debtors accounts assigned to ensure recoveries through calls, demand notices orany other appropriate means.

8. Monitors Recovery Agents to ensure accounts assigned to them are fully recovered. 9. Prompt identification of unauthorized balances and follow up with branches on early warning andremedial action on newly created PDOs in the branch.

10. Monitoring and recovering of PDO’s /Expired CMB loans in the branches.

11. Carry out any other tasks assigned by the Regional Head of Recovery

12. Incumbent shall be responsible to adhere by easypaisa Bank Behaviours & Values in allaspects of his/her work conduct.

13. Ensure that a culture of risk and compliance management is implemented, and institute performancemeasures tied to individual risk and compliance responsibilities

14. Responsible for managing compliance risk ‘inherent’ in their day-to-day activities, processes, and systems for which you are accountable. This includes the responsibility of business lines to own, develop, and update systems, policies, processes, and procedures to manage compliance risk inherent in their day-to-day activities.


Company Information
 
Company Name:  Telenor Microfinance Bank
Company Description:
pstrongOverview/strong/ppTelenor Microfinance Bank Limited is jointly owned by Telenor Group, the leading telecommunications company across Scandinavia and Asia with 174 million customers, and Ant Financial, the operator of the world's leading payment and lifestyle platform Alipay that's also an affiliate company of Alibaba Group. It is the first scheduled microfinance bank of Pakistan that provides a range of innovative banking solutions./ppTelenor Microfinance Bank created history in 2009, when it launched Easypaisa, Pakistan’s first branchless banking platform and the country’s only GSMA mobile money certified service. With the largest footprint in the country, Easypaisa has since then evolved into a digital lifestyle enabler which is leading the fintech revolution in Pakistan./ppMotivated by its strongvision of ‘transforming the financial landscape of the country’/strong, Telenor Microfinance Bank is on stronga mission to provide ‘instant access to convenient digital financial services’/strong that benefits the people of Pakistan. Telenor Microfinance Bank is empowering people to truly adopt the digital way of life./pp /ppstrongOur Values:/strong/pp• Customer First./pp• Create Together./pp• Keep Promises./pp• Be Respectful./p

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