8 - 13 years

8 - 13 Lacs

Posted:4 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Responsibility:

  • Implement collection strategies at the regional level for efficient collections and recovery of outstanding loans
  • Authorize payouts and roll out collection payout structure policy
  • Monitor and ensure adherence to collection process and take preventive action against erring agencies / agents; discontinue agencies based on performance
  • Ensure cost effective collections in the region; test and implement different collection models such as telecalling, etc.
  • Act as a SPOC between Legal, Residual & Collections team
  • Partner with regional sales & credit team to ensure quality sourcing
  • Analyze collection patters, identify trouble spots in the ongoing programs, and coordinate with the Program Head for taking corrective actions
  • Ensure effective collections from DCC and micro market
  • Ensure all higher bucket accounts with outstanding amounts are actioned legally
  • Minimize loss on sale of repossessed vehicles; monitor the loss line provision from time to time

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