Job Description
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Area Collection Manager Chandigarh
noehub.com
Chandigarh
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10 hours agoFull–time
Job Purpose:
The role bearer has the responsibility to manage a team and co-ordinate the operational recovery activities for an area credit portfolio in their assigned territory. It includes administration of corporate policies and procedures and ensure that front delinquencies are minimized. Working closely with the legal team so that they can provide sound legal advice on how to manage delinquencies that the company faces. The role bearer end to end collection responsibility for the collections of the area allocated contributing to the larger organizational objectives of the bank. This is a critical role that has a direct impact on the financial institution’s budget planning.
Roles & Responsibilities:
Primary Responsibilities:
Responsible to handle an area for collections of specific products
Responsible for collection efficiency and cost of collections for the assigned area
Responsible to track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters
Responsible to review account allocations and collections targets by bucket to agencies/ in house team
Regularly follow up with the default customers through a dedicated team
Ensuring that the collection agencies and executives adhere to the legal guidelines provided by the law in force
Manage productivity by fixing productivity parameters for In-house / Agencies / collection executives monitoring performance against set parameters and daily reviewing the same
Making sure that there is adequate “Feet on Street” availability area-wise / bucket-wise / segment-wise
Ensuring that detailed background and reference check has been done of agencies / DCTs being appointed and evaluate them constantly
Collaborate with legal team to ensure legal action is taken on specified cases
Building relationships with key clients to ensure timely collections are made
Determine suitable tactics or strategies for timely collections
Secondary Responsibilities:
Recommend process changes in order to improve service efficiency and quality across the assigned area
Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high-quality customer service
Leverage in-house synergies through collaboration with internal stakeholders
Managerial & Leadership Responsibilities:
Attract and retain best-in-class talent for key roles in their reporting structure
Educational Qualifications:
Graduate – Any
Post Graduate – Any
Experience:
8+ years of experience in collections
About Company
Company: IDFC FIRST Bank –
Company Location: Chandigarh, Chandigarh
Area Collection Manager Chandigarh
noehub.com
Chandigarh
Apply on Search Job For Near Me
10 hours agoFull–time
Job Purpose:
The role bearer has the responsibility to manage a team and co-ordinate the operational recovery activities for an area credit portfolio in their assigned territory. It includes administration of corporate policies and procedures and ensure that front delinquencies are minimized. Working closely with the legal team so that they can provide sound legal advice on how to manage delinquencies that the company faces. The role bearer end to end collection responsibility for the collections of the area allocated contributing to the larger organizational objectives of the bank. This is a critical role that has a direct impact on the financial institution’s budget planning.
Roles & Responsibilities:
Primary Responsibilities:
Responsible to handle an area for collections of specific products
Responsible for collection efficiency and cost of collections for the assigned area
Responsible to track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters
Responsible to review account allocations and collections targets by bucket to agencies/ in house team
Regularly follow up with the default customers through a dedicated team
Ensuring that the collection agencies and executives adhere to the legal guidelines provided by the law in force
Manage productivity by fixing productivity parameters for In-house / Agencies / collection executives monitoring performance against set parameters and daily reviewing the same
Making sure that there is adequate “Feet on Street” availability area-wise / bucket-wise / segment-wise
Ensuring that detailed background and reference check has been done of agencies / DCTs being appointed and evaluate them constantly
Collaborate with legal team to ensure legal action is taken on specified cases
Building relationships with key clients to ensure timely collections are made
Determine suitable tactics or strategies for timely collections
Secondary Responsibilities:
Recommend process changes in order to improve service efficiency and quality across the assigned area
Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high-quality customer service
Leverage in-house synergies through collaboration with internal stakeholders
Managerial & Leadership Responsibilities:
Attract and retain best-in-class talent for key roles in their reporting structure
Educational Qualifications:
Graduate – Any
Post Graduate – Any
Experience:
8+ years of experience in collections
About Company
Company: IDFC FIRST Bank –
Company Location: Chandigarh, Chandigarh
💡 Quick Summary
Seeking a career-building opportunity? The Area Collection Manager Chandigarh position is now open for candidates interested in the Bank Jobs sector. This role in Chandigarh offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.