Job Description
Profile Credit Risk Management (Collections/Recovery)
Duties and Responsibilities
1) Recovery of outstanding due: - Following up and dealing with the borrowers who are defaulting in payment, on a regular basis to ensure outstanding dues are recovered. To also appraise default cases and make suitable recommendations accordingly.
2) Portfolio/Delinquency Management: -To use IT driven recovery tools, legal based resolution techniques and portfolio credit risk assessment tools in order to manage the loan portfolio and control delinquencies.
3) NPA Management: -To take all necessary steps including timely and appropriate legal action for resolution and recovery of NPA accounts.
4) MIS Review: - All the recovery related information to be reviewed and analyzed which will help manage the portfolio.
Skills
1) Communication Skills : -Strong command over verbal/written communication and should be a good listener (Proficiency over regional language is a mandate).
2) Integrity To exhibit high level of integrity and business ethics.
3) Decision Making: - Ability to choose the appropriate action inorder to ensure the account does not become an NPA.
4) Time Management: - Ability to multitask and prioritize activities by ensuring TAT is maintained inorder to achieve desired results.
5) Result Orientation: - Ability to ensure timely resolution and recovery of overdue accounts so that the targets are met in the stipulated time period.
6) Negotiation Skills: -Should have strong negotiation skills, liasion skills and be persuasive in nature in order to choose the alternative that is most desirable in resolving delinquencies.
7) Functional knowledge: - Should be aware of the relevant laws and acts (including amendments) including SARFAESI.
Travel Mobility (mandatory) Should be willing to travel extensively within the region.
Qualification: - MBA/PGDM
Experience: - 1-5Years
CTC per annum range: - 6Lac
Location: - Ahmednagar
Duties and Responsibilities
1) Recovery of outstanding due: - Following up and dealing with the borrowers who are defaulting in payment, on a regular basis to ensure outstanding dues are recovered. To also appraise default cases and make suitable recommendations accordingly.
2) Portfolio/Delinquency Management: -To use IT driven recovery tools, legal based resolution techniques and portfolio credit risk assessment tools in order to manage the loan portfolio and control delinquencies.
3) NPA Management: -To take all necessary steps including timely and appropriate legal action for resolution and recovery of NPA accounts.
4) MIS Review: - All the recovery related information to be reviewed and analyzed which will help manage the portfolio.
Skills
1) Communication Skills : -Strong command over verbal/written communication and should be a good listener (Proficiency over regional language is a mandate).
2) Integrity To exhibit high level of integrity and business ethics.
3) Decision Making: - Ability to choose the appropriate action inorder to ensure the account does not become an NPA.
4) Time Management: - Ability to multitask and prioritize activities by ensuring TAT is maintained inorder to achieve desired results.
5) Result Orientation: - Ability to ensure timely resolution and recovery of overdue accounts so that the targets are met in the stipulated time period.
6) Negotiation Skills: -Should have strong negotiation skills, liasion skills and be persuasive in nature in order to choose the alternative that is most desirable in resolving delinquencies.
7) Functional knowledge: - Should be aware of the relevant laws and acts (including amendments) including SARFAESI.
Travel Mobility (mandatory) Should be willing to travel extensively within the region.
Qualification: - MBA/PGDM
Experience: - 1-5Years
CTC per annum range: - 6Lac
Location: - Ahmednagar
💡 Quick Summary
Seeking a career-building opportunity? The Hdfc Limited | Credit Risk Management |Collections|Recovery| Ahmednagar 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.