Collection Intern

Muthoot Finance

Mumbai, Pune

Fresher

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Posted 3 hours ago
Over 50 applicants

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Job Description

About the Role: We are seeking a motivated and detail-oriented Collection Intern to join our team. This position is ideal for individuals looking to gain hands-on experience in the collections process, with a focus on minimizing outstanding dues while maintaining excellent relationships with clients. This is a primarily office-based role, with minimal fieldwork required.

Key Responsibilities:

Assist in managing the collection of outstanding payments from clients, ensuring timely recovery of dues.
Contact clients (via phone, email, or messaging) regarding overdue payments and follow-up on payment commitments.
Work closely with the senior collection team to identify and resolve payment issues.
Maintain accurate records of collection activities and update client databases.
Assist in the preparation of reports related to collections and outstanding balances.
Coordinate with internal teams to address disputes or issues related to outstanding payments.
Ensure adherence to company policies and legal regulations when handling collections.
Provide administrative support related to the collections process.

Requirements:

Bachelors degree or pursuing a degree in Finance, Business Administration, or a related field.
Strong communication and negotiation skills.
Attention to detail and excellent organizational skills.
Ability to work independently and as part of a team.
Basic understanding of financial concepts is a plus, but not mandatory.
Proficient in MS Office (Excel, Word, PowerPoint).
Willingness to learn and adapt to new processes.

More Info

Job Type:

Permanent Job

Industry:

Financial Services

Role:

Graduate Trainee /Management Trainee, Collections

Function:

Banking

Employment Type:

Full time

Open to candidates from:

Indian

About Company

Muthoot Finance

The Muthoot Group is a leading business conglomerate that has successfully expanded, in each and every town, across the nation. The Group has 20 diversified business divisions and 5443+ branches with a global presence across USA, UK, UAE, Costa Rica, Sri Lanka and Nepal.The Group serves over 2.5 lakh customers every single day through its network of branches. Till date, the Group has served over 70 crore customers, including repeat customers. The Muthoot Groups story from humble beginnings to its ever growing stature is built on the firm foundation of 7 fundamental principles of Ethics, Values Reliability, Dependability, Trustworthiness, Integrity and Goodwill. The Group practices an equal opportunity policy wherein people from all sections of the society have equal opportunities to join and be part of the 40,000+ strong Muthoot Family.Muthoot Finance, the flagship company of The Muthoot Group has been rated Indias No. 1 Most Trusted Financial Services Brand for five consecutive years, from 2016 to 2020 by TRAs Brand Trust Report. It has been certified as Great Place To Work, 2021-22 and has been recognised and featured as one of the Top 30 Best Places to Work at in India by Skill Tree Global Knowledge Consortium in the Workplace Excellence Show on CNBC TV-18 in 2016.The Company offer 30+ Staff Welfare Measuresranging fromFast Track Promotions, Career Development Programs, National Pension Scheme, Foreign Trips, five types of Annual Incentives/Bonuses, Cash Rewards, Contests with prizes, Maternity Benefits, Medical benefits, Employee Insurance etc. to name a few. Muthoot Finance believes in promoting local hiring from the region.Every 5th employee is a woman and roughly 24% of the workforce comprises of women. Shri. Amitabh Bachchan Ji is the Brand Ambassador of The Muthoot Group.The Group takes humble pride in its 800 years of family business legacy and unblemished track record. Over these years, millions of underserved Indians have been served through a bouquet of products and services and have been helped in a big way to move ahead in life.

Job ID: 108809313

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