As an Associate Collection Manager, you will be part of a high-performing team responsible for managing collection strategies, optimizing recovery processes, and ensuring compliance with business and regulatory requirements. This role demands analytical thinking, strong stakeholder management, and a proactive approach to problem-solving all while contributing to Meeshos vision of building a sustainable and inclusive e-commerce ecosystem.
About the Role
Responsible for managing the day-to-day activities of the collection strategy team for merchant and consumer lending. This role requires a deep understanding of debt collection strategies across various channels (tele-calling, field, and digital), a strong grasp of collection and recovery metrics (including NPA), and the ability to analyze data to identify trends, perform root cause analysis (RCA), and drive performance improvements. The ideal candidate will be a data-driven problem solver with excellent communication and collaboration skills. If you are interested in joining a world-class team of passionate engineers who work hard and play hard, we look forward to hearing from you.
What will you do
- Strategy Execution & Monitoring: Implement and monitor collection strategies across different loan products (merchant and consumer), ensuring alignment with overall business objectives. This includes optimizing strategies for different delinquency buckets.
- Channel Management: Oversee the performance of various collection channels (tele-calling, field agents, legal, and digital channels like SMS, email, WhatsApp, in-app notifications). Analyze channel effectiveness and recommend improvements.
- Data Analysis & Reporting: Analyze collection performance data, identify key trends, and provide regular reports on key metrics such as roll rates, recovery rates, NPA, and collection efficiency. Develop dashboards and visualizations to track performance.
- Root Cause Analysis (RCA): Conduct thorough root cause analysis for missed performance targets, identify contributing factors, and recommend corrective actions. Collaborate with other teams to implement solutions.
- Strategy Optimization: Continuously evaluate and refine collection strategies based on data analysis, market trends, and regulatory changes. Propose and implement new strategies to improve recovery rates and reduce losses.
- Vendor Performance Management: Monitor their performance against agreed-upon KPIs, conduct regular reviews, and ensure compliance with company policies and regulations.
- Collaboration: Work closely with other teams, including product, technology, risk, and operations, to ensure seamless execution of collection strategies.
- Compliance: Ensure all collection activities comply with regulatory guidelines and company policies. Stay updated on changes in regulations related to debt collection.
- Documentation: Maintain detailed documentation of collection strategies, processes, and performance metrics.
What you will need
- Bachelor's degree
- Minimum of 4-6 years of experience in collections strategy or a related analytical role, preferably in Banking/NBFC/Fintech.
- Strong understanding of debt collection strategies and best practices, including tele-calling, field collections, legal processes, and digital collection channels.
- In-depth knowledge of collection and recovery metrics, including NPA, roll rates, recovery rates, and collection efficiency.
- Proficiency in data analysis tools and techniques.
- Excellent analytical and problem-solving skills. Ability to identify trends, conduct RCA, and develop data-driven solutions.
- Strong communication and interpersonal skills.
- Ability to collaborate effectively with cross-functional teams.
- Knowledge of regulatory guidelines and compliance requirements related to debt collection.
- Experience with merchant lending and consumer lending is a plus.
