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Collection Manager - NPA & Write off Recovery - Housing

3 - 8 years

7 - 11 Lacs

Posted:3 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


We are looking for a highly skilled and experienced Collection Manager to join our team in Noida. The ideal candidate will have 3 to 8 years of experience in collections, recovery, and financial services. Roles and Responsibility
  • Achieve assigned recovery and reversal budgets by timely and effectively complying with process guidelines.
  • Maximize recovery from assigned NPA and written-off portfolio through closures, settlements, and disposal of collateral.
  • Ensure timely initiation and execution of legal tools such as warrants execution under Section-138/Section-25 and Sarfaesi.
  • Support and facilitate property disposal in coordination with the Disposal team.
  • Manage trail/feedback in M collect and delinquency files.
  • Take steps to ensure collection of receipts (digital modes) and deposition of customer payments within timelines.
  • Facilitate liquidation of possessed properties and connect with local brokers to facilitate property visits for prospective buyers, ensuring compliance with all auction terms, including documentation, bids, and sale amount deposition.
  • Coordinate with respective legal managers to attend courts for early release of orders and possession, enforcing Sarfaesi in collaboration with the legal team.
  • Collaborate with X bucket team members and other functions to resolve written-off accounts.
  • Coordinate and manage vendors/in-house team members to drive maximum resolution from the assigned portfolio and coordinate with the Central Debt team for smooth vendor bills clearance.
  • Utilize available data analytics to formulate strategies on treating the assigned portfolio.

  •  Job
  • Graduate degree.
  • Minimum 3 years of experience in collections, recovery, or financial services.
  • Possess strong knowledge of banking operations, financial services, and broking.
  • Demonstrate excellent communication and management skills.
  • Ability to work in a fast-paced environment and meet deadlines is essential.
  • Strong analytical and problem-solving skills are required.
  • Experience in managing teams and coordinating with various stakeholders is necessary.

  •  Additional Info
    The company offers a dynamic and supportive work environment, with opportunities for professional growth and development.

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    Tata Capital
    Tata Capital

    Financial Services

    Mumbai Maharashtra

    5001-10000 Employees

    3764 Jobs

      Key People

    • Rajesh Sethi

      Managing Director & CEO
    • Supratim Bandyopadhyay

      Chief Financial Officer

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