Debt Manager-Flows-2 Wheeler Loan
IDFC FIRST Bank — Padrauna, KUSHI NAGAR
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Job Description
Job Needs About the Job
The Collection Manager is tasked with planning, organizing, directing, and overseeing the activities of the collections department. This includes overseeing the agencies associated with the company in their assigned territory. The job specialises in optimizing the productivity of EMI recovery from customers while securing adherence to all guidelines laid out by the bank. The Collection Manager plays a vital post in contributing to the larger organizational objectives of the bank.
Main Responsibilities
Primary Responsibilities
- Handle and undertake the collections process for assigned debts.
- Regularly track the portfolio for specific buckets in the assigned area.
- Monitor and control delinquency in the area, bucket-wise and DPD-wise, with a specialise in non-starters.
- Allocate and attain targets from agencies and in-house teams.
- Follow up regularly with defaulting customers.
- Secure adherence to the collection process 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.
Secondary Responsibilities
- Keep up administrative data related to collections, such as delinquent account history.
- Deliver and keep up MIS reports.
- Review collection feedback on a daily, weekly, and monthly basis.
What We Are Looking For
Education
Experience
- Minimum of 2 or more years of background in collections.
Competencies and Attributes
- Sound understanding of collections processes and legal guidelines.
- Capacity to handle teams and external agencies.
- First-rate communication and negotiation capabilities.
- Proficiency in data analysis and MIS reporting.
- Problem-solving and decision-making abilities.
- Attention to detail and organizational competencies.
This Debt Manager-Flows-2 Wheeler Loan vacancy is based in Padrauna.
Frequently Asked Questions
What are the eligibility criteria for the Debt Manager-Flows-2 Wheeler Loan job at IDFC FIRST Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-2 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Debt Manager-Flows-2 Wheeler Loan at IDFC FIRST Bank?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Debt Manager-Flows-2 Wheeler Loan at IDFC FIRST Bank.
Is prior experience required for this position?
This role requires around 0-2 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Debt Manager-Flows-2 Wheeler Loan role at IDFC FIRST Bank?
You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.
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