Define and lead implementation of collection strategy for MFI collections.
Handling 30+ Bucket size.
Handling Entire Karnataka and Half of Tamilnadu.
Periodically review portfolio health and devise action plans for minimization of divisional NPAs
Reviewing and allocations of targets for the division
Monitoring of divisional collection performance in Branches
Effective monitoring and review of the Collections Divisional Team
Resolution of escalated cases of non-payment of dues
Continuous monitoring the delinquency of the division, Bucket-wise & DPD wise and focus on non-starters
Authorization for initiation of legal proceedings, repossession as per defined policy
Review of account allocations and collections targets
Track Regular follow up with them default customer through team
Ensuring timely and profitable disposal of seized stock & safe custody of seized products.
Minimize losses on stock liquidation & timely repossessions to minimize losses
Continuous review and evaluation of the repo agents & maintain relationship with the yard
Record keeping for fulfilling requirements of Audit & Policy Compliances, Legal Compliances
Job Classification
Industry: Banking, Financial Services, Broking Functional Area: Financial Services, Banking, Investments, Insurance, Role Category: Retail/Personal Banking Role: Retail/Personal Banking Employement Type: Full time
Education
Under Graduation: Any Graduate in Any Specialization Post Graduation: Any Postgraduate in Any Specialization Doctorate: Doctorate Not Required, Any Doctorate in Any Specialization