Debt Manager-Recoveries-Consumer Loan & Cross Sell
IDFC FIRST Bank
Date: 3 weeks ago
City: Mumbai, Maharashtra
Contract type: Full time
Job Requirements
Role/ Job Title: Debt Manager-Consumer Loans and Cross Sell
Function/ Department: 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
Experience: 5+ years of relevant experience
Role/ Job Title: Debt Manager-Consumer Loans and Cross Sell
Function/ Department: 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
Experience: 5+ years 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
Project Management Office- Associate
JPMorganChase,
Mumbai, Maharashtra
17 hours ago
Job DescriptionRegulatory Projects in a PMO support role offers a unique opportunity to be part of a team that thrives on innovation and collaboration, ensuring successful delivery of regulatory change.As a PMO Specialist within the Regulatory Projects Team, you will play a critical role in supporting the team by maintaining a focus on control and audit readiness, ensuring accurate reporting...
Digital Initiatives
Pidilite Industries Limited,
Mumbai, Maharashtra
3 days ago
Key Requirement for the Position Candidate with good knowledge & experience into AEM. Should have worked on large scale eCommerce implementations and related integration for both D2C and 3rd party eComm players. Possess excellent analytical skills and leverage data, metric, analytics and consumer behavior trends to drive actionable insights & recommendations.Job DescriptionRole: Digital InitiativesLocation: MumbaiKey Responsibilities Evaluation and implementation of...
Analyst
dentsu,
Mumbai, Maharashtra
1 week ago
The purpose of this role is to script surveys on the survey platform, ensuring accurate execution according to specifications, with a focus on on-time delivery and end-to-end quality assurance.Job Description:Bachelor’s degree in computer science, Information Technology, Statistics, or a related field2+years of experience working with VOXCO, Forsta or similar survey programming software. Experience of scripting multi-market complex projects. Program and...
