Executive Legal collections, 4 to 6 years in Coimbatore

Job Description

• The Executive - Legal Collections will be responsible for managing legal collections activities, including handling delinquent accounts, initiating legal actions, and working closely with legal counsel and internal teams to recover outstanding debts. This role requires strong knowledge of legal procedures, excellent communication skills, and the ability to work effectively under pressure.

• Legal Collections Management:
• Handle the legal collections process for assigned accounts, ensuring timely and efficient recovery of outstanding debts.
  Prepare and send demand letters, legal notices, and other legal documents to delinquent customers.
  Coordinate with external legal counsel for the initiation and follow-up of legal actions when necessary.
  Negotiation and Settlement:
• Negotiate payment plans, settlements, and resolutions with debtors to recover outstanding amounts.
  Manage complex collection cases and provide support to the collections team.
  Compliance and Documentation:
• Ensure all collections activities comply with relevant laws, regulations, and company policies.
  Maintain accurate and up-to-date records of legal collections, including correspondence, agreements, and court documents.
  Reporting and Analysis:
• Prepare and present regular reports on legal collections activities, performance, and outcomes.
  Analyze collection data to identify trends, areas for improvement, and opportunities for process enhancement.