Area Collection Manager - Consumer Durable @ Idfc First Bank

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Area Collection Manager - Consumer Durable

Idfc First Bank
7 - 12 years
Rajkot
8 months ago
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Job Description

Area Collection Manager - Consumer Durable

Department Collections

Roles & Responsibilities:

Responsible to handle an area for collections of specific products
Responsible for collection efficiency and cost of collections for the assigned area
Responsible to track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters
Responsible to review account allocations and collections targets by bucket to agencies/ in house team
Regularly follow up with the default customers through a dedicated team
Ensuring that the collection agencies and executives adhere to the legal guidelines provided by the law in force
Manage productivity by fixing productivity parameters for In-house / Agencies / collection executives monitoring performance against set parameters and daily reviewing the same
Making sure that there is adequate Feet on Street availability area-wise / bucket-wise / segment-wise
Ensuring that detailed background and reference check has been done of agencies / DCTs being appointed and evaluate them constantly
Collaborate with legal team to ensure legal action is taken on specified cases
Building relationships with key clients to ensure timely collections are made
Determine suitable tactics or strategies for timely collections

Managerial & Leadership Responsibilities:

Attract and retain best-in-class talent for key roles in their reporting structure

Educational Qualifications:

Graduate Any

Experience: Minimum of 5 - 10 years of experience in collections.

Job Classification

Industry: Banking
Functional Area / Department: BFSI, Investments & Trading
Role Category: Lending
Role: Area / Territory Manager
Employement Type: Full time

Contact Details:

Company: Idfc First Bank
Location(s): Rajkot

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Keyskills: Consumer Loan Team Handling Skills Agency Management Debt Collections Recovery

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Current / Recent Company (*)

Experience (*)

Expected Salary (*)

Desired Industry (*):

Functional area / Department (*):

Enter Skills (key skills, subjects, technologies & roles to use in search)

Write briefly about yourself, your experience and education (*)

Attach ResumeMax 2.38 MB (RTF, PDF, DOC, DOCX formats only parsed)

Please, check the file size and type.

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Idfc First Bank

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Area Collection Manager - Consumer Durable @ Idfc First Bank

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