Branch Collection Manager

5 - 8 years

4 - 7 Lacs

Posted:12 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

  • Strategy and Policy:

    Develop and implement effective strategies and procedures for collecting outstanding debts.
  • Team Leadership:

    Supervise, train, and motivate a team of collection agents to achieve recovery targets.
  • Performance Monitoring:

    Monitor and analyze collection metrics, such as debt aging and recovery rates, to identify trends and improve performance.
  • Compliance:

    Ensure that all collections activities comply with relevant laws, regulations, and company policies.
  • Issue Resolution:

    Handle escalated collection cases, negotiate payment plans with customers, and resolve disputes.
  • Reporting:

    Prepare and present reports to senior management on collections performance and debt aging.
  • Process Improvement:

    Identify opportunities to streamline collections processes and improve efficiency.
  • Collaboration:

    Work with legal, finance, and other departments to resolve complex cases and optimize collection efforts.
  • Customer Service:

    Ensure that interactions with customers are conducted professionally and maintain good client relationships.

Preferred candidate profile

ct as a strategic leader who develops and implements effective debt recovery strategies, manages and motivates a collections team, and ensures compliance with regulations to maximize cash flow and minimize bad debt losses for the organization

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Chola logo
Chola

Financial Services

Chennai Tamil Nadu

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