Debt Collector

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia Alhokair Group Full time
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#Hiring Debt Collector for our Financial Client in Riyadh.

Locals with Transferable IQAMA.

Contacting debtors by telephone to enact and negotiate debt recovery.
Searching publicly available databases to track down defaulters, including Credit Bureau information, background checks, and loan documents.

  • Negotiating settlements to receive payment on a certain percentage of the debt.
Keeping hard copy and electronic records of all communications, payment plans agreed to, and amounts paid.

  • Compliance with the instructions and regulations related to collection issued by the Central Bank of Saudi Arabia.
  • Keep track of assigned accounts to identify outstanding debts.
  • Plan course of action to recover outstanding payments.
  • Locate and contact debtors to inquire of their payment status.
  • Negotiate payoff deadlines or payment plans.
  • Create trust relationships with debtors when possible, to avoid future issues.
  • Update account status and database regularly.
  • Alert superiors of debtors unwilling or unable to pay when necessary.
  • Comply with requirements when legal action is unavoidable.
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