Assistant Manager Collections

JOB RESPONSIBILITIES:

• Coordinate ac vi es of staff members to ensure a smooth and efficient department that reduces the number of cases that are overlooked.
• Oversee the collection of outstanding credit to minimize loss while ensuring it is handledappropriately and per company policy.
• Create and implement strategies to increase the number of successful collections on outstandingdebt.
• Recruit, hire, train and evaluate staff members within the collections department to ensurerequired count of staff members are available to handle the workload.
• Develop goals that complement the overarching business goals of the company and coordinatestaff to continually meet and exceed goals.
• Run reports and analyse data pertaining to the department and share with executive staff andmanagers of department staff as needed.
• Implement credit policies and procedures that retain a smooth running of the department andavoid excessive credit limits.
• Completely own key metrics: Conversion Rates, Quality and Operational Metrics: AHT, Idle Time,Shrinkage and Others
• The Goal is to do everything Possible to achieve Collection Target.
• Dialer Exposure is a Must to Create and Implement Dialer Outbound Strategies
• Develop a deep understanding of our Users, usage, products, internal and external stakeholdersand how they impact our business, to inform important decisions across the organization.
• Ensuring legal guidelines are compiled for entire collection structure in le er and sprits
• Ensure that the collection executives adhere to the legal guidelines provided by the law in force
• Keeping the write off percent within risk pricing.
• Control por olio in terms of bucket flows. Handle customer issues escala ons.
• Feedback on credit policy based on market condi ons.
• Manage and put support mechanism for legal / police issues. - Ensuring audit queries arecomplied with, ensuring corrective and preventive action.
• Liaising with the partners for reconciliation and for collection of cash/cheque from the customer-Liaising with the partners for getting overdue details, bounce details and mandate reject detailson a timely manner
• Planning, strategizing, and executing effective legal remedies for resolution from NPA accounts Consistent and effective follow up and negotiation with the customers.

REQUIREMEMTS & EDUCATION QUALIFICATION

• Bachelor's degree, preferably in B. Com or B.BA. MBA (FINANCE) would be add-on.
• Total work experience of 7yrs plus which would include minimum 3years of CollectionManagement Experience
• Ability to execute the collection strategy with speed
• Understanding of consumer lending and collection process
• Expertise in call centre management and collection agency management
• You must be willing to roll up your sleeves and get the job done.
• Strong communication, interpersonal and detail-oriented skills
• Prior expertise in scaling teams is preferred
• Self-starter and motivated, with ability to work with multiple stakeholders and drive key projects
• Experience in a fast-paced environment, preferably in a growth stage start-up
• Comfortable in a tech-heavy environment but able to explain technical and quantitative conceptsto non-technical audiences
• Candidate must be residing in Bangalore