Associate Debt Manager-Recoveries

Role Overview: As an Associate Debt Manager-Recoveries at IDFC FIRST Bank, you will play a crucial role in managing the recovery process for 2 wheeler and pre-owned car loans in the assigned territory. Your responsibilities will include monitoring and tracking delinquent accounts, building relationships with customers, collaborating with internal teams, preparing reports on recovery activities, and staying updated on industry trends and regulations. Your contribution will directly impact the bank's ability to recover outstanding amounts effectively. Key Responsibilities: - Manage the recovery process for 2 wheeler and pre-owned car loans in the assigned territory - Monitor and track delinquent accounts and take necessary actions to recover outstanding amounts - Build and maintain relationships with customers to understand their financial situation and provide appropriate solutions - Collaborate with internal teams such as legal, risk, and collections to ensure timely and effective recovery - Prepare and submit reports on recovery activities and progress to the management team - Stay updated on industry trends and regulations related to debt management and recovery Qualifications: - Bachelor's degree in finance, business administration, or a related field - Minimum of 2 years of experience in debt management and recovery, preferably in the retail banking sector - Knowledge of 2 wheeler and pre-owned car loan products and processes - Strong negotiation and communication skills - Ability to work independently and in a team environment - Proficient in MS Office and other relevant software - Willingness to travel within the assigned territory If you are a self-motivated and results-oriented individual with a passion for debt management and recovery, IDFC FIRST Bank offers a competitive salary and benefits package, opportunities for career growth and development, a dynamic and inclusive work environment, and training and support to enhance your skills and knowledge. Apply now to join the team and contribute to the bank's commitment to providing the best financial solutions and services to customers.,