Associate Debt Manager-Flows-Cross Sell

Job Description

Role Overview:As an Associate Debt Manager at our company, you will be responsible for managing a team and coordinating operational recovery activities for an area credit portfolio in Odisha. Your role will involve minimizing front delinquencies, working closely with the legal team to manage delinquencies, and ensuring end-to-end collection responsibility for the assigned area to contribute to the banks organizational objectives.Key Responsibilities:- Handle an area for collections of specific products- Ensure collection efficiency and cost effectiveness for the assigned area- Track and control delinquency bucket-wise and DPD wise, focusing on non-starters- Review account allocations and collections targets by bucket to agencies or in-house team- Follow up with default customers through a dedicated team- Ensure collection agencies and executives adhere to legal guidelines- Manage productivity by setting parameters for In-house / Agencies / collection executives, monitoring performance, and reviewing daily- Ensure adequate Feet on Street availability area-wise, bucket-wise, and segment-wise- Conduct detailed background and reference checks of agencies / DCTs and evaluate them constantly- Collaborate with the legal team for legal actions on specified cases- Build relationships with key clients to ensure timely collections- Determine suitable tactics or strategies for timely collectionsQualification Required:- Graduate in any discipline- Post Graduate in any disciplineAdditional Company Details:This critical role as an Associate Debt Manager directly impacts the financial institutions budget planning. You will have a minimum of 5 - 8 years of experience in collections, and your responsibilities will include attracting and retaining best-in-class talent for key roles in your reporting structure. Role Overview:As an Associate Debt Manager at our company, you will be responsible for managing a team and coordinating operational recovery activities for an area credit portfolio in Odisha. Your role will involve minimizing front delinquencies, working closely with the legal team to manage delinquencies, and ensuring end-to-end collection responsibility for the assigned area to contribute to the banks organizational objectives.Key Responsibilities:- Handle an area for collections of specific products- Ensure collection efficiency and cost effectiveness for the assigned area- Track and control delinquency bucket-wise and DPD wise, focusing on non-starters- Review account allocations and collections targets by bucket to agencies or in-house team- Follow up with default customers through a dedicated team- Ensure collection agencies and executives adhere to legal guidelines- Manage productivity by setting parameters for In-house / Agencies / collection executives, monitoring performance, and reviewing daily- Ensure adequate Feet on Street availability area-wise, bucket-wise, and segment-wise- Conduct detailed background and reference checks of agencies / DCTs and evaluate them constantly- Collaborate with the legal team for legal actions on specified cases- Build relationships with key clients to ensure timely collections- Determine suitable tactics or strategies for timely collectionsQualification Required:- Graduate in any discipline- Post Graduate in any disciplineAdditional Company Details:This critical role as an Associate Debt Manager directly impacts the financial institutions budget planning. You will have a minimum of 5 - 8 years of experience in collections, and your responsibilities will include attracting and retaining best-in-class talent for key roles in your reporting structure.

Keyskills :
Collections ManagementTeam ManagementDelinquency ManagementLegal ComplianceClient Relationship ManagementTalent Acquisition