Area Debt Manager-Call Centre
IDFC FIRST Bank
Date: 1 week ago
City: Thāne, Maharashtra
Contract type: Full time
Job Requirements
Role/ Job Title: Area Collection Manager
Function/ Department: Collections
Job Purpose
The role bearer has the responsibility to manage a team and co-ordinate the operational recovery activities for an area credit portfolio in their assigned territory. It includes administration of corporate policies and procedures and ensure that front delinquencies are minimized. Working closely with the legal team so that they can provide sound legal advice on how to manage delinquencies that the company faces. The role bearer end to end collection responsibility for the collections of the area allocated contributing to the larger organizational objectives of the bank.
This is a critical role that has a direct impact on the financial institution's budget planning.
Responsibilities
Roles & Responsibilities:
Graduation - Any graduate
Experience: Minimum of 5 of relevant experience
Role/ Job Title: Area Collection Manager
Function/ Department: Collections
Job Purpose
The role bearer has the responsibility to manage a team and co-ordinate the operational recovery activities for an area credit portfolio in their assigned territory. It includes administration of corporate policies and procedures and ensure that front delinquencies are minimized. Working closely with the legal team so that they can provide sound legal advice on how to manage delinquencies that the company faces. The role bearer end to end collection responsibility for the collections of the area allocated contributing to the larger organizational objectives of the bank.
This is a critical role that has a direct impact on the financial institution's budget planning.
Responsibilities
Roles & Responsibilities:
- Responsible to handle an area for collections of specific products
- Responsible for collection efficiency and cost of collections for the assigned area
- Responsible to track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters
- Responsible to review account allocations and collections targets by bucket to agencies/ in house team
- Regularly follow up with the default customers through a dedicated team
- Ensuring that the collection agencies and executives adhere to the legal guidelines provided by the law in force
- Manage productivity by fixing productivity parameters for In-house / Agencies / collection executives monitoring performance against set parameters and daily reviewing the same
- Making sure that there is adequate “Feet on Street” availability area-wise / bucket-wise / segment-wise
- Ensuring that detailed background and reference check has been done of agencies / DCTs being appointed and evaluate them constantly
- Collaborate with legal team to ensure legal action is taken on specified cases
- Building relationships with key clients to ensure timely collections are made
- Determine suitable tactics or strategies for timely collections.
Graduation - Any graduate
Experience: Minimum of 5 of relevant experience
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
WHS Officer
Amazon,
Thāne, Maharashtra
3 days ago
DescriptionThe Site Safety Officer will be responsible for partnering with a site operations team in a Fulfillment Center to execute company safety policies and ensure compliance to all applicable local and regional regulations. By leveraging lean principles and kaizens, this individual will lead continuous improvement initiatives to reduce conditional and ergonomic risk in our processes to ensure a safe and...
Accounting Internship in Thane
PURUSHOTTAM COMMODITIES PRIVATE LIMITED,
Thāne, Maharashtra
2 weeks ago
Selected Intern's Day-to-day Responsibilities Include Conduct bank audits File income tax returns Perform ROC filing Audit other entitiesAbout Company: I am a practicing chartered accountant. I am in the field of audit, taxation, GST, and company law matters.
Tata Globa Internship
Tata Motors,
Thāne, Maharashtra
2 weeks ago
Purpose of the RoleWe are looking for a customer-focused & business-oriented Data Scientist who will be responsible for conducting analyses using advanced statistics and data mining techniques to enable better decision making. This role will have exposure to leadership teams and help Tata Motors achieve its strategic priorities.Job ResponsibilityDevelop and drive complex projects using advanced analytic techniques. Use statistical and...
