Recovery Manager

Role & responsibilities

1. Develop and implement loan recovery strategies, including loss mitigation plans and legal action strategies for non-recoverable accounts (NPA cases)
2. Manage and Motivate a team of Recovery officers, provide guidance, training and performance feedback
3. Track and monitor loan portfolios, identify high risk accounts, and implement recovery strategies for specific buckets.
4. Maintain positive relationship with customers, guarantors, and external agencies to facilitate loan recovery.
5. Ensure compliance with all relevant regulations and guidelines and maintain accurate record and reports related to loan recovery.
6. Manage the process of identifying, repossessing, and disposing of assets associated with defaulted loans.
7. Analyse loan portfolio data to identify trends, track performance and provide insights for improvement.

Preferred candidate profile

1. Significant experience in loan recovery (Hard Bucket), debt collection or related fields.
2. Ability to lead, motivate and manage a team effectively.
3. Excellent communication, interpersonal and negotiation skill to interact with customers and external parties.
4. Ability to analyse data, identify trends and develop effective recovery strategies.
5. Understanding of relevant regulations, legal processes and compliance requirements.

Contact information :

Phone number - 9363458417

e-mail - hr@smartcreditfinance.in