Team Collections Manager

3 - 7 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: You will be responsible for managing the day-to-day collection status and end status of cash deposited collected on a daily basis with a team size of 5-7 Field Officers (FOS) for CV, LCV, and TFE products. Your duties will include handling all buckets from 0 days past due (DPD) to 270 DPD, managing regular collection, NPA collection, and legal collection. It will be your responsibility to ensure a quality portfolio and focus on improving collections in your assigned area both individually and as a team. You must adhere to MOPP Norms, the BANK's processes and procedures, audit requirements, and maintain good coordination between team members and the branch in particular. Additionally, you will be managing high ticket size delinquent/non-delinquent accounts directly. Key Responsibilities: - Manage day-to-day collection status and end status of cash deposits collected with a team of 5-7 FOS for CV, LCV, and TFE products. - Handle all buckets from 0 DPD to 270 DPD. - Manage regular collection, NPA collection, and legal collection. - Ensure a quality portfolio. - Focus on improving collections in the assigned area individually and as a team. - Adhere to MOPP Norms, BANK's processes and procedures, and audit requirements. - Maintain good coordination between team members and the branch. - Manage high ticket size delinquent/non-delinquent accounts directly. Qualifications Required: - Prior experience in collections or related field preferred. - Strong understanding of collection processes and procedures. - Excellent communication and coordination skills. - Ability to work effectively both independently and as part of a team. - Knowledge of banking regulations and compliance requirements is a plus.,

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