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10.0 - 15.0 years
10 - 15 Lacs
Rajkot, Gujarat, India
On-site
We are seeking a Regional Collection Manager to be accountable for reducing delinquency and improving recovery rates on an assigned portfolio of Tractor Loans. You will be responsible for leading a team of Collection Managers and Executives, initiating legal action on problematic customers, and driving the performance of collection agencies. This role requires strategic planning, forecasting, and a strong focus on execution to ensure collection efficiency and achieve targets. Roles & Responsibilities: Delinquency Management : Accountable for reducing delinquency through flow control and improving recovery rates on the assigned portfolio. Team Leadership : Manage a team of Collection Managers and Executives attached to various branches across the state for Tractor Loans . Agency Performance : Drive the performance of collections agencies by identifying areas of weakness, recommending solutions, and supporting the collection team to achieve targets. Case Allocation : Ensure the timely allocation of cases to Collections Managers and Executives based on geography and vintage. Performance Monitoring : Ensure collection efficiency through daily reports and regular reviews with the team. Strategic Planning : Strategize, forecast, and execute business plans, including hiring plans. Legal Action : Initiate legal action on problematic customers as necessary. Skills Required: Proven experience in collection management and improving recovery rates. Strong leadership and team management skills to mentor and drive performance. Experience in managing collections agencies and third-party vendors. Excellent analytical skills to monitor reports and review team performance. Strategic planning and execution abilities, including forecasting and hiring. Knowledge of legal procedures related to debt collection. QUALIFICATION: Bachelor's degree in Business, Finance, or a related field, or equivalent experience.
Posted 1 day ago
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