Job Description
Job DescriptionJob Title
• Collection Manager Place of work
• DELHI Business Unit
• Retail Banking Function
• Collections Job Purpose:The role bearer has the responsibility to plan, organize, direct and oversee the activities of the collections department.
It also includes managing the agencies associated with the company in their assigned territory.
The role bearer is responsible for the efficiency and optimization of retrieving EMI from the customers and ensuring adherence to all the guidelines laid out by the bank contributing to the larger organizational objectives of the bank.
Roles & Responsibilities:
Responsible for managing and undertaking collections process for debts that have been assignedRegularly track the portfolio for specific buckets for the assigned areaTrack & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-startersResponsible to allocate and achieve targets from agencies/ in house teamRegularly follow up with the default customersEnsuring adherence to collection process and legal guidelinesTracing out absconded default customers and initiate recovery processRecommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the casesMaintain 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
Educational Qualifications:
Graduate
• Any Post Graduate
• Any Experience: Minimum of 3 or more years of experience in collections
• Collection Manager Place of work
• DELHI Business Unit
• Retail Banking Function
• Collections Job Purpose:The role bearer has the responsibility to plan, organize, direct and oversee the activities of the collections department.
It also includes managing the agencies associated with the company in their assigned territory.
The role bearer is responsible for the efficiency and optimization of retrieving EMI from the customers and ensuring adherence to all the guidelines laid out by the bank contributing to the larger organizational objectives of the bank.
Roles & Responsibilities:
Responsible for managing and undertaking collections process for debts that have been assignedRegularly track the portfolio for specific buckets for the assigned areaTrack & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-startersResponsible to allocate and achieve targets from agencies/ in house teamRegularly follow up with the default customersEnsuring adherence to collection process and legal guidelinesTracing out absconded default customers and initiate recovery processRecommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the casesMaintain 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
Educational Qualifications:
Graduate
• Any Post Graduate
• Any Experience: Minimum of 3 or more years of experience in collections
💡 Quick Summary
Seeking a career-building opportunity? The Debt Manager|Flows|Consumer Durable position is now open for candidates interested in the Bank Jobs sector. This role in New Delhi 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.
