Area Debt Manager-Flows-Consumer Durable

As an Area Collection Manager at the Retail Banking unit in Mumbai, your role involves managing a team and coordinating operational recovery activities for an area credit portfolio. Your responsibilities include minimizing front delinquencies, working closely with the legal team for legal advice on managing delinquencies, and ensuring end-to-end collection responsibility for the assigned area to contribute to the bank's organizational objectives. **Roles & Responsibilities:** - Handle an area for collections of specific products - Ensure collection efficiency and cost-effectiveness for the assigned area - Track & control delinquency 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 parameters for In-house/Agencies/collection executives - Monitor performance against set parameters and review daily - Ensure adequate Feet on Street availability area-wise/bucket-wise/segment-wise - Conduct detailed background and reference checks of agencies/DCTs - Collaborate with the legal team for legal actions on specified cases - Build relationships with key clients for timely collections - Determine suitable tactics or strategies for timely collections **Managerial & Leadership Responsibilities:** - Attract and retain best-in-class talent for key roles in your reporting structure **Educational Qualifications:** - Graduate in any field - Post Graduate in any field **Experience:** - Minimum of 5 - 8 years of experience in collections.,