Associate Debt Manager-Recoveries
Published date: 2024/01/10
- Location: Jodhpur, Rajasthan, India
Job Description
Job Title – Associate Collection Manager- Rural
Place of work – Mumbai
Business Unit - Operations
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 assigned
• Regularly track the portfolio for specific buckets for the assigned area
• Track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters
• Responsible to allocate and achieve targets from agencies/ in house team
• Regularly follow up with the default customers
• Ensuring adherence to collection process and legal guidelines
• Tracing out absconded default customers and initiate recovery process
• Recommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the cases
• Maintain 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 2 or more years of experience in collections
Job Title – Associate Collection Manager- Rural
Place of work – Mumbai
Business Unit - Operations
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 assigned
• Regularly track the portfolio for specific buckets for the assigned area
• Track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters
• Responsible to allocate and achieve targets from agencies/ in house team
• Regularly follow up with the default customers
• Ensuring adherence to collection process and legal guidelines
• Tracing out absconded default customers and initiate recovery process
• Recommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the cases
• Maintain 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 2 or more years of experience in collections
0 page views
Related listings
-
Sales Role - BankBankSales and Marketing Manager is responsible for Leading their Team of experts who are involved in sales and Marketing exercises of the Company. Roles And Responsibility : - Generating New Agents or teams. - work in Team Environment. - Provide Training...2026/11/09
-
Bank tellerBankUrgent Requirement at AU Small Finance Bank Modasa Job Highlights Positions Open: Teller - Cashier - Money Officer Facilitates the hiring of qualified Job applicants for open positions. Experience : 0-3 years of experience in Branch Banking No. of. V...2026/11/09
-
HDFC Bank Recruitment 2023BankHDFC Bank Recruitment 2023 . Executives are given a wide range of responsibilities, such as setting corporate strategy, managing organizational resources, and leading the efforts of the organization. Additionally, executives are tasked with making de...2026/11/09