Area Debt Manager-Flows-2 Wheeler Loan

Role Overview: As an Area Collection Manager, you will be responsible for managing a team and coordinating operational recovery activities for an area credit portfolio in your assigned territory. Your role includes the administration of corporate policies and procedures to minimize front delinquencies. Working closely with the legal team, you will receive sound legal advice on managing delinquencies faced by the company. You will have end-to-end collection responsibility for the collections of the area allocated, contributing to the larger organizational objectives of the bank. This critical role directly impacts the financial institution's budget planning. Key Responsibilities: - Handle an area for collections of specific products - Ensure collection efficiency and cost-effectiveness for the assigned area - Track and control delinquency of the area, Bucket-wise & DPD wise, focusing on non-starters - Review account allocations and collections targets by bucket to agencies/in-house team - Regularly follow up with default customers through a dedicated team - Ensure collection agencies and executives adhere to legal guidelines - Manage productivity by setting parameters for In-house/Agencies/collection executives, monitoring performance, and daily reviewing the same - Ensure adequate Feet on Street availability area-wise/bucket-wise/segment-wise - Conduct detailed background and reference checks of appointed agencies/DCTs and evaluate them constantly - Collaborate with the legal team to take legal action on specified cases - Build relationships with key clients for timely collections - Determine suitable tactics or strategies for timely collections Qualification Required: - Graduate in any field - Post Graduate in any field Additional Details: - Minimum 5-8 years of experience in collections (Note: Educational qualifications and experience requirements are provided as per the job description),