Debt Manager-Flows-Two Wheeler Loan
IDFC FIRST Bank — Datia, DATIA
Apply Now
Job Description
The Debt Manager-Flows-Two Wheeler Loan position sits in the IDFC FIRST Bank office in Datia.
Job Criteria About the Position
The Debt Manager – Flows – Commercial Vehicle is in charge of planning, organizing, directing, and overseeing the activities of the collections department. This includes running agencies associated with the company in the assigned territory. The position holder ensures efficient and optimized EMI recovery from customers, while adhering to all bank guidelines and contributing to the larger organizational objectives.
Core Responsibilities
Primary Responsibilities
- Run and undertake the collections process for assigned debts.
- Regularly track the portfolio for specific buckets in the assigned area.
- Control delinquency of the area, bucket-wise and DPD-wise, with concentrate on non-starters.
- Allocate and reach targets from agencies and in-house teams.
- Follow up regularly with default 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 closure.
- Sustain administrative data related to collections, covering delinquent account history and MIS reports.
- Review collection feedback on a daily, weekly, and monthly basis.
Secondary Responsibilities
- Support process improvements to enhance collection streamlining.
- Collaborate with internal teams to guarantee compliance and operational effectiveness.
What We Are Looking For
Education
- Graduate – Any discipline
Experience
- 2 years of relevant exposure to collections
Abilities and Attributes
- Solid understanding of collections processes and legal guidelines.
- Aptitude to run and collaborate with collection agencies.
- Outstanding communication and negotiation abilities.
- Proficiency in sustaining MIS and administrative records.
- Aptitude to work independently and as part of a team.
Frequently Asked Questions
What are the eligibility criteria for the Debt Manager-Flows-Two 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-Two 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-Two 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-Two 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.
Chat us
Call us