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AREA COLLECTION MANAGER

AREA COLLECTION MANAGER

LTFinance

4 - 7 years

6 - 9 Lacs

chennai

Posted:15 hours ago| Platform:

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Skills Required

team management debt recovery sarfaesi act collection management drt recovery corporate law arbitration delinquency management litigation drafting collections collections process debt management portfolio management npa management

Work Mode

Work from Office

Job Type

Full Time

Job Description

JOB PURPOSE

Responsible for driving branch / area collection activities as applicable (including adherence to Policy & Collection processes) Delinquency management, Collection MIS. Accountable for reducing delinquency.

PRINCIPAL ACCOUNTABILITIES

Allocate delinquent accounts to Field collectors / Collection agency and obtain feedback / PTPs for the accounts allocated
Responsible to monitor Promise to Pay and address the broken promises
Regularly visit chronic default accounts and resolve the delinquency
Review and monitor branch/agency collector performance vis a visAchieve Case resolution / Roll Back Targets/ Collection targetsIdentify chronic accounts and provide regular update on the recovery recourse
Negotiate payment programs with delinquent customersInitiate SARFAESI proceedings against the chronic delinquent customer in line with SARFAESI Act, Represent the company in day to day court matters and update the legal status of cases filed for /against the company

DIMENSIONSFinancial Dimensions(if applicable)Other DimensionsField Collectors, Collection Agencies, Branch Operations

SKILLS AND KNOWLEDGE(State the minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent).

Educational Qualifications

Graduation

Functional Skills

Market knowledgeNegotiation SkillsMaintain data on profilesRelevant and total years of Experience4-7 Years of experience into Collections.

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AREA COLLECTION MANAGER