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Requirement For Collection Manager

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Job Description:

We are looking for individuals for the role of Collection Manager who can plan, organize, direct and oversee the activities of the Collections Department, while managing the agencies associated with the company in their assigned territory.

The candidate in this role will be responsible for the efficiency and optimization of retrieving the EMI from the customers, and simultaneously will need to comply with all the guidelines laid out by the company. He/she must have knowledge and expertise on the varied industries to which the customers belong. He/she must also be proficient in cost-benefit analysis in order to establish the credit worthiness of the customers. An adequate knowledge in the field of finance is also a requirement.

Job Responsibilities:

The role will be responsible for managing and undertaking collections process for debts that have been allocated to him/her.

The role will be responsible to keep a track of the portfolio for specific buckets for the assigned area.

The incumbent will be responsible to track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters.

He/ She will be responsible to allocate and achieve targets from agencies/ in house team.

The incumbent will be required to do regular follow up with the default customers.

The incumbent has to ensure collection process and legal guidelines are adhered.

The incumbent will be required to trace out absconded default customers and initiate recovery process.

He/ She have to recommend for legal actions for non-recoverable cases and follow up with the Legal team for the closure of the cases.

He/ She has to 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, etc
.

Specifications
  • Designation: Collections Manager
  • Qualification: Any Graduate - Any Specialization, MBA/PGDM - Any Specialization
  • Experience: 3 - 6 Yrs
  • Skills: COLLECTIONS PROCESS COST BENEFIT ANALYSIS
  • Industry: Banking Finance
  • Functional Area: Financial Services, Banking, Investments, Insurance
Location: Bengaluru, Karnataka, India