Debt Retention Manager

Overview :

We are looking for an experienced and driven Debt Retention Manager to oversee our debt management and customer retention strategies. This role is responsible for leading a team that ensures effective debt recovery processes while maintaining positive customer relationships and reducing attrition. The ideal candidate will possess excellent communication, negotiation, and problem-solving skills, with a strong commitment to retaining customer accounts while adhering to company policies and regulatory guidelines.

Key Responsibilities :

• Proactively contact customers with overdue accounts to understand the reasons for non-payment and explore potential solutions.
• Conduct thorough financial assessments with customers to determine their ability to pay and identify appropriate repayment plans.
• Negotiate and implement suitable payment arrangements, including deferrals, modifications, or customized plans, in line with company policies and individual customer circumstances.
• Educate customers on their financial obligations, available options, and the consequences of continued default.
• Maintain accurate and detailed records of all customer interactions, payment arrangements, and account statuses within the company's CRM system.
• Collaborate with internal departments to resolve complex account issues and ensure a seamless customer experience.
• Monitor payment arrangements to ensure adherence and proactively address any potential breaches.
• Build strong customer engagement initiatives to retain clients while resolving overdue accounts.
• Stay up-to-date with industry regulations, compliance requirements, and best practices in debt management and customer retention.
• Adhere to all company policies, procedures, and ethical guidelines in all interactions.
• Prepare reports and present insights on debt recovery performance and customer retention metrics.

Qualifications :

Why Join Us?

Job Type : Full-time.

Work Location : In person.

About BPO Relations :

Welcome to LeadAdvisors, where innovation meets excellence in the digital landscape. We specialize in two main areas : business process outsourcing (BPO) and digital content marketing. Our expertise in BPO allows us to handle campaigns for brands across the United States, delivering exceptional results and driving growth for our clients.In the digital space, we excel in content marketing, technical SEO, guest blogging, media outreach, conversion rate optimization, UX design, and sales funnel strategy. Our dedicated professionals tirelessly create and implement strategies that enhance our client's online presence, improve search engine visibility, and generate high-quality leads.