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Job Location | Kochi |
Education | Not Mentioned |
Salary | Not Disclosed |
Industry | Banking / Financial Services |
Functional Area | General / Other Software |
EmploymentType | Full-time |
Job DescriptionArea Collection Manager - (19000AZF)DescriptionJob Specification:IDFC First Bank is looking for an Area Collection Manager who will manage a team and co - ordinate the operational recovery activities for an area credit portfolio in their assigned territory. The candidate needs to administer corporate policies and procedures and ensure that front delinquencies are minimized. The candidate in this role will also be in constant touch with the legal team so that they can provide sound legal advice on how to manage delinquencies that the company faces. To be the right fit for this job , candidate must be able to create a fervent team environment so that there is an integral level of trust , collaboration and cooperation established both internally and externally. He / she must also manage work and work performance , holding self - accountable for effectively and efficiently completing work responsibilities.Job Responsibilities:The role will be responsible to handle an area for collections of specific products.He / She will be responsible for collection efficiency and cost of collections 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 review account allocations and collections targets by bucket to agencies / in house team.The incumbent will be required to do regular follow up with the default customers through a dedicated team.The incumbent has to ensure that the collection agencies and executives adhere to the legal guidelines provided by the law in force.The incumbent has to manage productivity by fixing productivity parameters for In - house / Agencies / collection executives monitoring performance against set parameters and daily review the same.The incumbent has to ensure that there is adequate Feet on Street availability area - wise / bucket - wise / segment - wise.The incumbent has to ensure that a detailed background and reference check has been done of agencies / DCTs being appointed and evaluate them constantly.The incumbent will be involved in coordinating and Liasoning with legal team to ensure legal action is taken on specified cases.The incumbent has to build relationships with key clients to ensure timely collections are made.The key responsibility of the role is to identify suitable tactics or strategies for timely collections.QualificationsRequisite Qualification:MBA Graduate 5 - 8 years of experience in collections Primary Location:Cochin - Grace CornerJob:JF022_Collection Supervisory,
Keyskills :
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