Debt Manager-Flows-2 Wheeler Loan

IDFC FIRST Bank


Date: 2 weeks ago
City: Kanpur, Uttar Pradesh
Contract type: Full time
Job Requirements

Job Title – Collection Manager

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.

Responsibilities

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 & 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

Educational Qualifications

Graduate – Any

Post Graduate – Any

Experience: Minimum of 3 or more years of 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 resume

Similar jobs

Direct Sales Manager

Aditya Birla Capital, Kanpur, Uttar Pradesh
2 days ago
This job is provided by apna.co Roles & Responsibilities Direct Channel (Health Insurance Sales)Client Acquisition & Lead ConversionIdentify potential customers and conduct daily sales calls to schedule financial planning sessions.Effectively convert company-generated leads into successful sales closures.Acquire new customers and generate the targeted health insurance premium.Product Presentation & ConsultationDeliver complete and accurate product information to customers.Address client queries and recommend...

Deputy Area Manager - Debt Management Services - Urban GCL

Bajaj Finserv, Kanpur, Uttar Pradesh
4 days ago
Location Name: KanpurJob PurposeThe Debt Management Specialist will be responsible for managing and coordinating the recovery of overdue payments on loans or credit accounts.Duties And ResponsibilitiesAchieve collections target by visiting customers/agency.Monitor performance against set parameters and provide regular updates and providing proper guidelines. Milestone reviewing and tracking.Ensure legal guidelines are complied with while repossessing products.Travelling with the RO's.To do timely...

Assistant Manager-Execution

Bajaj Allianz General Insurance, Kanpur, Uttar Pradesh
1 week ago
ᄋ Smooth Processing of Claimᄋ Reserve Settingᄋ Line of Action to be taken from Approval Teamᄋ Tracking of each Matter from Claims Dairyᄋ Scrutiny of Investigation Reportsᄋ Settlement of Clear mattersᄋ Co-ordinate with Advocates for processing of MACP Claimsᄋ Co-ordination with other department of mandatory requirements - ILM, Operation, Underwriting etc.ᄋ Adducing Oral Evidence in technical mattersᄋ Vetting of Written...