Area Debt Manager-Flows-2 Wheeler Loan

The Area Collection Manager is responsible for managing a team and coordinating operational recovery activities for an area credit portfolio in the assigned territory. This role involves administering corporate policies and procedures to minimize front delinquencies. Working closely with the legal team to provide sound legal advice on managing delinquencies faced by the company. The Area Collection Manager has end-to-end collection responsibility for the allocated area, contributing to the larger organizational objectives of the bank. This critical role directly impacts the financial institution's budget planning. The key responsibilities of the Area Collection Manager include handling collections for specific products in the assigned area, ensuring collection efficiency and cost-effectiveness, tracking and controlling delinquency bucket-wise and DPD wise, focusing on non-starters, reviewing account allocations and collections targets, following up with default customers, ensuring compliance with legal guidelines, monitoring productivity parameters for in-house/agencies/collection executives, ensuring adequate availability of resources, conducting background checks of appointed agencies/DCTs, collaborating with the legal team for legal actions, building client relationships for timely collections, and determining strategies for timely collections. In terms of managerial and leadership responsibilities, the Area Collection Manager is required to attract and retain top talent for key roles within their reporting structure. Educational qualifications for this role include a graduate degree in any field and a post-graduate degree in any discipline. The ideal candidate should have a minimum of 5-8 years of experience in collections.,