Debt Collector Duties & Responsibilities

The role and function of a Debt Collector includes the following duties and responsibilities:

  • Keep tracking outstanding debts
  • Plan course of action to recover owed money
  • Locate and contact debtors 
  • Negotiate payoff deadlines and payment plans
  • Build trust with debtors 
  • Update account status and database regularly
  • Comply with requirements when legal action is unavoidable
  • Handle customers' questions or complaints
  • Identify gaps in the system and recommend solutions

Note that this is not an exhaustive list of Debt Collector duties and responsibilities. Job functions for specific Debt Collector roles may vary, depending on the industry and type of employer.

Related

Debt Collector Job description

Debt Collector Salary in Nigeria

Debt Collector Interview questions

Debt Collector Cover letter

Debt Collector CV

Debt Collector Jobs in Nigeria

Similar job descriptions

Retail Banker job description

Pensions Consultant job description

Pension Scheme Manager job description

Credit Analyst job description

Financial Consultant job description

Private Banker job description

Collections Officer job description

Finance Officer job description

Recovery Officer job description

Personal Banker job description

Cost Analyst job description

Investment Executive job description

Wealth Manager job description

Investment Consultant job description

Insurance Advisor job description

Investment Analyst job description

Financial Trader job description

Mortgage Underwriter job description

Financial Analyst job description

Financial Advisor job description