Collection associate | Scrabble
Posted on January 2, 2025
Job Description
<div>About Zolve:<br />
Zolve's mission is simple: we want to make financial products accessible to everyone. Zolve offers the<br />
ambitious a plethora of products to simplify banking in the US, such as: A Bank Account you can create<br />
from anywhere in the world in under five minutes A high-limit Credit Card that helps build a healthy credit<br />
score Easy, lightning-fast, cross-border money transfers with the best rates in the market Zolve is<br />
expanding its horizons, and we're excited to open our doors to everyone expanding theirs. We believe:<br />
that if space tourism is real, so is reaching for the stars.</div>
<div>RESPONSIBILITIES<br />
● Responsible for communicating with customers from a collections stand-point<br />
● Omni channel communication such as Email, SMS, Tele Calling etc.<br />
● Contact clients and discuss their overdue payments in a friendly manner, and proactively propose<br />
solutions based on defined SOPs<br />
● Monitor accounts on a daily basis<br />
● Identify outstanding account receivables<br />
● Collaborating on debt collection efforts with Finance, Sales, and the Legal team.<br />
● Investigate historical data for debts and bills<br />
● Developing debt collection strategies and plans<br />
● Take actions in order to encourage timely payments<br />
● Process payments and refunds<br />
● Resolve billing issues<br />
● Ensure compliance to all federal and local regulations for collection process<br />
● Update account status records</div>
<div>REQUIREMENTS<br />
● Bachelor’s Degree in Finance, Business or related field<br />
● 3-6 years of relevant experience<br />
● Experience working in the collections team for consumer credit products such as Credit Card,<br />
Personal Loan, Education Loan, 2W and 4W, Home Loan, etc.<br />
● Excellent knowledge of various collection techniques<br />
● Experience in developing and enacting debt recovery plans and strategies to prevent losses<br />
● Knowledge of MS Office, Data Interpretation, databases, and alternate mode of collections<br />
● Excellent communication and interpersonal skills<br />
● Demonstrated experience of being empathetic with customers<br />
● Problem-solving and critical-thinking skills</div>