Group
Occupation

549133 Debt Collector

Latest release
Consultation draft: Australian and New Zealand Standard Classification of Occupations (ANZSCO)
Reference period
July 2024
Released
25/07/2024
Next release Unknown
First release

549133 Debt Collector

Collects consumer, commercial, insurance, and other forms of debt for clients, makes arrangements to settle overdue accounts, formalises payment arrangements, and follows up until accounts are fully paid.

Registration or licensing may be required.

Alternative title

  • Debt Recovery Officer

Specialisation

  • Collections Officer

ANZSCO skill level

This occupation has a skill level corresponding to the qualifications and experience below.

Australia

  • Skill Level 4: AQF Certificate II, AQF Certificate III, or at least one year of relevant experience

New Zealand

  • Skill Level 4: NZQF Level 2 or 3 qualification, or at least one year of relevant experience

Main tasks

  • Liaises with clients, credit staff, accounts receivable departments, process servers, private investigators, barristers, solicitors, trustees, liquidators, and other insolvency professionals to find solutions to payment problems
  • Identifies, locates, and notifies debtors of overdue accounts in writing, by telephone, and in person, and arranges for payments to be made
  • Traces addresses of debtors who have moved
  • Arranges new repayment plans for debtors having difficulties making existing repayments, including identifying and assisting customers experiencing financial hardship
  • Refers debtors' disputes to creditors
  • Issues instructions for the commencement of legal action and enforcement to recover money
  • Arranges for money and goods collected to be transferred to creditors, and prepares statements of account for creditors
  • Records amounts collected and notes any further action required, including identifying and reporting suspicious matters under legislation
  • Maintains accurate and compliant records for overdue accounts under collection, ensuring all relevant debtor information is obtained, verified, and updated
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