Regional Legal Debt Manager

The Regional Legal Collection Manager for Multi Products at IDFC First plays a crucial role in minimizing losses to the bank by maximizing recovery of debts through legal routes. You will work closely with Business Heads, Finance, HR, and Collection Heads to design and implement strategies that optimize legal tools and action plans. Your responsibilities will include representing IDFC First in legal matters, managing cases against the bank, and contributing to the overall organizational objectives. As the Regional Legal Collection Manager, your primary responsibilities will involve designing strategies to recover debt effectively, ensuring compliance with legal rules and regulations, partnering with the Corporate Legal team, co-owning collection numbers, managing backend processes for legal operations, and handling customer escalations during crisis management. You will also be responsible for enabling the empanelment of external vendors, arranging necessary court orders, and ensuring internal compliance and regulatory frameworks are followed. In addition, you will collaborate with the Head of Collections to drive down net credit loss and delinquency metrics, champion the adoption of market intelligence and data analytics, recommend process improvements, stay informed about market trends, and drive strategies to increase profitability. Your managerial and leadership responsibilities will involve monitoring productivity parameters, attracting and retaining talent, fostering a customer-first culture, and ensuring smooth collaboration across various teams. To qualify for this role, you should possess a graduate degree, an MBA in Finance, and a professional degree in LLB/LLM, along with at least 10 years of experience in collections. This position requires strong leadership skills, strategic thinking, and a deep understanding of legal compliance in the banking sector. If you are passionate about driving operational efficiencies, ensuring customer delight, and contributing to the growth of a leading financial institution, we welcome your application for the Regional Legal Collection Manager position at IDFC First.,