Debt Manager-Flows-Micro Finance
- Idfc First Bank
- 1 - 5 years
- Hyderabad
- 7 days ago
- Email to a friend
- Report this job
Job Description
Job Requirements About the RoleThe Debt Manager is responsible for planning, organizing, directing, and overseeing the activities of the collections department. This includes managing agencies associated with the company within the assigned territory. The role focuses on optimizing the efficiency of retrieving EMIs from customers while ensuring adherence to all bank guidelines, contributing to the broader organizational objectives.
Key ResponsibilitiesPrimary Responsibilities
- Manage and undertake the collections process for assigned debts.
- Track portfolio performance for specific buckets within the assigned area.
- Control delinquency in the area, bucket-wise and DPD-wise, with a focus on non-starters.
- Allocate and achieve targets from agencies and in-house teams.
- Follow up regularly with defaulting customers.
- Ensure adherence to collection processes and legal guidelines.
- Trace absconded default customers and initiate recovery processes.
- Recommend legal actions for non-recoverable cases and follow up with the legal team for case closures.
- Maintain administrative data related to collections, including delinquent account history.
- Provide and maintain MIS reports and review collection feedback on a daily, weekly, and monthly basis.
What We Are Looking ForEducation
- Graduate Any discipline
- Postgraduate Any discipline
- Minimum of 2 or more years of experience in collections.
- Strong understanding of collection processes and legal compliance.
- Ability to manage teams and external agencies effectively.
- Excellent communication and follow-up skills.
- Proficiency in maintaining MIS and administrative records.
- Analytical mindset to track and control delinquency.
Job Classification
Industry: BankingFunctional Area / Department: Finance & AccountingRole Category: FinanceRole: Finance ManagerEmployement Type: Full timeContact Details:
Company: Idfc First BankLocation(s): Hyderabad
Keyskills: financial analysis analytical investment banking control recovery capital market equity derivatives legal compliance collections portfolio collections process mis compliance mutual funds wealth management debt fixed income finance communication skills
Similar positions
Idfc First Bank
About Accenture\r\n\r\n \r\n\r\nAccenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations...
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in