Job Description
Process: Debt Collection
Location: Mumbai
Job Purpose:
The role incumbent will be responsible for managing and monitoring Debt Management for multiple products across all geographies for North
Role:
Core Collections:
- Responsible for Pre-due, Soft Bucket & hard bucket collections across products
- Periodic reviews with teams and Agency for performance improvement
- Collection agencies empanelment & performance monitoring based on requirement.
- Strategy and New age collections through Digital Modes
- Formulation of allocation and legal strategies
- Delinquency Projections
- Analyse & provide early warning indicators to Credit & FCU, based on collection feedback & delinquency performance
- Automation of collection processes
Legal Collection -
- Support Advocate & Legal counsel empanelment
- Oversight and Regular monitoring of legal action & its performance
- Assist in Legal collection strategy for collection performance improvement
Process & Compliance -
- Adherence to Collection policy and processes
- Implement & improve collection processes such as payment reconciliation & statutory compliance
- Handling internal & external collection audits
Qualification & experience
- Years of experience – 3 to 4 years in unsecured loan collection of any Fintech / NBFC or Bank
- Mandatory Qualification – Graduate and DRA certification
- Good communication skills
Essential skills - Good to have-Technology skills
WHAT HAPPENS NEXT?
If you wish to discuss the job in further detail, please contact Disha Gajra on [email protected]. If selected for an interview, you will hear directly from someone from the HR department, usually within a week of the closing date
Job Type: Full-time
Salary: From ₹500,000.00 per year
Schedule:
Day shift
Work Location: In person
💡 Quick Summary
Seeking a career-building opportunity? The Collection Manager position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.
