Example Cover Letter: Consumer Loan Collection/Recovery Manager

Dear Hiring Manager,

I am writing to apply for the position of Consumer Loan Collection/Recovery Manager. With my background in banking and financial services, I believe that I have the necessary qualifications to become an asset to your team.

For over 8 years, I have worked in a large bank as a Loan Collection/Recovery Officer. In my current role, I manage a team of 8 collection agents and oversee the day-to-day operations of the collections department. My responsibilities include developing strategies to maximize collection efforts, monitoring delinquent debt accounts, evaluating payment plans with customers and taking necessary legal action when needed. Moreover, I have a proven track record of increasing delinquency rates, implementing cost-effective improvements and streamlining procedures to ensure maximum efficiency.

I understand the importance of customer service and I always strive to maintain positive relationships with customers while collecting outstanding debt. Additionally, I am well-versed in relevant regulations that must be adhered to when it comes to loan collections.

I am confident that my qualifications and experience make me an ideal candidate for this position, and I would welcome the opportunity to discuss my candidacy with you in person. Please feel free to reach out if you have any questions.


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