Track and follow up on overdue payments from buyers or investors.
Implement recovery strategies for defaulted property loans or dues.
2.
Legal Action Coordination
Initiate and coordinate legal proceedings against defaulters when necessary.
Work with legal teams for eviction, foreclosure, or asset seizure.
3.
Negotiation & Settlements
Negotiate repayment plans or settlements with defaulters.
Facilitate amicable resolutions to avoid lengthy legal disputes.
4.
Monitoring Payment Plans
Oversee compliance with agreed-upon payment terms.
Monitor accounts for early signs of delinquency.
5.
Liaison with Financial Institutions
Coordinate with banks or lending institutions on mortgage recovery.
Assist in enforcing collateral claims if applicable.
6.
Documentation & Reporting
Maintain accurate records of all recovery activities and outcomes.
Provide regular reports to management on recovery status and progress.
7.
Risk Assessment
Identify high-risk accounts and recommend preventive strategies.
Support due diligence for future buyer or tenant screenings.
8.
Asset Disposal
Assist in the resale or auction of recovered properties or assets.
Ensure compliance with legal and financial procedures during disposal.
Job Type: Full-time
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