Area Debt Manager-Recoveries-BIL, Personal Loan & MBL
IDFC FIRST Bank
Date: 2 weeks ago
City: Salem, Tamil Nadu
Contract type: Full time
Job Requirements
Job Requirements
Role/Job Title – Area Debt Manager-BIL, Personal Loan and MBL
Department/Function – Collections
Job Purpose:
The role bearer has the responsibility to plan, organize, direct and oversee the activities of the collections department. It also includes managing the agencies associated with the company in their assigned territory. The role bearer is responsible for the efficiency and optimization of retrieving EMI from the customers and ensuring adherence to all the guidelines laid out by the bank contributing to the larger organizational objectives of the bank.
Roles & Responsibilities:
Graduate – Any
Experience: Minimum of 2-5 Years of relevant experience in Collections
Job Requirements
Role/Job Title – Area Debt Manager-BIL, Personal Loan and MBL
Department/Function – Collections
Job Purpose:
The role bearer has the responsibility to plan, organize, direct and oversee the activities of the collections department. It also includes managing the agencies associated with the company in their assigned territory. The role bearer is responsible for the efficiency and optimization of retrieving EMI from the customers and ensuring adherence to all the guidelines laid out by the bank contributing to the larger organizational objectives of the bank.
Roles & Responsibilities:
- Responsible for managing and undertaking collections process for debts that have been assigned
- Regularly track the portfolio for specific buckets for the assigned area
- Track and control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters
- Responsible to allocate and achieve targets from agencies/in house team
- Regularly follow up with the default customers
- Ensuring adherence to collection process and legal guidelines
- Tracing out absconded default customers and initiate recovery process
- Recommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the cases
- Maintain data for administrative work related to collection such as updating delinquent account history, providing and maintaining MIS report, reviewing of collection feedback on daily, weekly & monthly basis.
Graduate – Any
Experience: Minimum of 2-5 Years of relevant experience in Collections
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Senior Spa Therapist - Six Senses Fort Barwara
IHG Hotels & Resorts,
Salem, Tamil Nadu
5 days ago
As Senior Spa Therapist, I will fully comprehend the vision of Six Senses to help people reconnect with themselves, others and the world around them and our values of local sensitivity and global sensibility, crafted experiences, emotional hospitality, responsible and caring, fun and quirky and pioneering wellness.Sustainability, Wellness and Out of the Ordinary experiences are at the core of everything...
Relationship Manager - GL South
Bajaj Finserv,
Salem, Tamil Nadu
3 weeks ago
Location Name: Mettur - MetturJob Purpose"This position is open with Bajaj finance limited"The Branch manager is a managerial responsibility for providing full leadership and direction to the team of employees in growing business and client base of consumer gold loan. The overall objective of this role is to build customer loyalty and recommend the development of business strategies or initiatives...
Food & Beverage Host - Six Senses Fort Barwara
IHG Hotels & Resorts,
Salem, Tamil Nadu
3 weeks ago
As Food & Beverage Host, I will fully comprehend the vision of Six Senses to help people reconnect with themselves, others and the world around them and our values of local sensitivity and global sensibility, crafted experiences, emotional hospitality, responsible and caring, fun and quirky and pioneering wellness.Sustainability, Wellness and Out of the Ordinary experiences are at the core of...