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Senior Manager - Hardship Management

0 years

4 - 9 Lacs

Posted:2 days ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Part Time

Job Description

About Us

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, color, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What’s in it for YOU

  • SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
  • Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
  • Dynamic, Inclusive and Diverse team culture
  • Gender Neutral Policy
  • Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
  • Commitment to the overall development of an employee through comprehensive learning & development framework

Role Purpose

This role is responsible for managing entire backend operations for collection hardship tools i.e. Restructuring, Reinstatement etc. and secured card lien invocation. It also ensures timely closure of customer requests received for hardship tools on internal and external channels

Role Accountability

  • Manage entire backend process of Hardship programs offered to SBIC customers, including Restructuring, Settlement, Reinstatement, CIBIL cleanup etc.
  • Drive execution of CardOne Service requests for all hardship programs/secured products, ensuring TAT adherence for closure of cases
  • Manage Secured card lien invoke process and drive process improvements to minimize the loss from Secured portfolio
  • Drive & Manage Escalation Metrics for Secured Portfolio i.e. Escalation of Lien Invoked cases with Other Functions NAU/ AMU / Legal / Sales Team and other Banking Partners
  • Execute Secured Card Partner Bank Termination process as per defined SOP
  • Manage LOC invocation for SME product via tele calling & branch coordination
  • Work closely with Risk team to draft / finalize the policies on Hardship tools/ Secured product
  • Manage Deceased Process for sending Condolence letter, Tele calling follow up for death certificates, Q Block removal
  • Manage communication channel via dunning on different product such as Employee/VIP, ensure accuracy and TAT adherence
  • Oversee preparation of and ensure timely publication of all dashboards/MIS for hardship programs/secured products
  • Review & analyze audit observations and fix process gaps/recommend policy changes accordingly
  • Work with cross functional teams to design and implement at core process changes
  • Interact with stakeholders, operating teams, REMS, and Bank Branches on regular basis to ensure their issues/concerns are addressed promptly
  • Ensure timely submission of bill for SBI Bank Branch for lien invocation

Measures of Success

  • Secured Lien Invoke success Rate
  • Accuracy in implementation of hardship programs
  • Custome request resolution TAT
  • No audit defects on hardship tool execution
  • Accuracy in communication processing
  • Process adherence as per MOU

Technical Skills / Experience / Certifications

  • Knowledge of collections processes & hardship tools
  • Exposure to Analytical tools and techniques, Exposure to Quality Tools - GB Certified
  • Experience in Financial planning & Cost Management

Competencies critical to the role

  • Analytical Ability
  • Stakeholder Orientation
  • Process Orientation
  • Detail Orientation

Qualification

Graduate/ Post Graduate in any discipline

Preferred Industry

BFSI, Banking, Card, Telecom

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SBI Card
SBI Card

Financial Services

New Delhi

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