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Abhfl-collections Manager-hfc-noida

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 Abhfl-collections Manager-hfc-noida

Job Description

:

4) KEY RESULT AREAS: WRITE THE KEY RESULTS EXPECTED FROM THE JOB AND THE SUPPORTING ACTIONS FOR EACH OF THESE KEY RESULT AREAS (FOR A MAJORITY OF JOBS TYPICALLY THERE COULD BE 4- 7 KEY RESULT AREAS)- MAXIMUM 10 KRAS CAN BE UPDATED
Key Result Areas (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)

Achieve collections targets

Minimize credit losses for portfolio
Drive higher resolution rates.
Daily monitoring and regular reviews of delinquent portfolio
Work with non-performing defaulting borrowers to create optimum recovery solutions
Portfolio review and monitoring

Monitor customer accounts, flagging likely cases of default or delayed payment
Provide regular inputs to Management and all the other stakeholders such as Sales, Risk, Policy Team on various aspects of collections resolution and delinquency trends, Negative Areas, Negative Profile, Non-Starters, SKIPs, Fraud Cases, etc.
Compliance and audit

Maintain all documentation related to the collections process in accordance with internal norms and regulatory requirements
Respond to customer complaints regarding the collections process, taking steps to ensure a satisfactory outcome for both ABFL as well as its customers
Participate in periodic audits of the collections teams
Customer escalations and complaints

Coordinate with the legal team and senior management in the event of escalated cases to ensure compliance with relevant regulations


Qualifications:
Other Degree,Bachelor Of Commerce,Bachelor Of Business Studies,Bachelor Of Education

Minimum Experience Level:
2-7 Years

Report to:
NA

Employement Category:

Employement Type: Full time
Industry: Banking / Financial Services
Role Category: Finance / Accounts / Tax
Functional Area: Not Applicable
Role/Responsibilies: Abhfl-collections Manager-hfc-noida

Contact Details:

Company: Aditya Birla
Location(s): Noida, Gurugram

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Keyskills:   collections strategy collection management collections process

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Max Life Insurance

About the organization:Max Life Insurance is India’s 4th largest private life insurance company and is the largest non-bank promoted private life insurer in India. We have demonstrated success in building a business now operating at considerable scale, reflected in more than 60,000 cr of As...