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Collection Analyst

Overview, Education, Careers Types, Skills, Career Path, Resources

Collection Analysts manage debt recovery, negotiate payment plans, and analyze accounts. They need strong communication and analytical skills.

Average Salary

₹3,50,000

Growth

medium

Satisfaction

medium

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Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

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    Financial Analysis
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    Negotiation Skills
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    Debt Collection Regulations
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    Communication Skills
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    Data Analysis
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    Customer Service
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    Legal Compliance
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    Risk Management
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    Documentation and Record Keeping
Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

    Technical Skills

    Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

      Duties and Responsiblities

      Task

      95%

      Analyze delinquent accounts and implement collection strategies to maximize recovery.

      90%

      Contact debtors via phone, email, and mail to negotiate payment plans.

      85%

      Maintain accurate records of collection activities and account statuses.

      80%

      Evaluate creditworthiness and financial situations of debtors.

      75%

      Collaborate with legal and compliance teams to ensure adherence to regulations.

      70%

      Identify and escalate complex or high-risk accounts for further action.

      65%

      Prepare reports on collection performance and recovery rates.

      60%

      Monitor payment arrangements and follow up on missed payments.

      Work Activities

      Detailed Work Profile

      Interests