Zonal Debt Manager - Retail MFB - Collections

2 - 7 years

8 - 13 Lacs

Posted:3 weeks ago| Platform: Naukri logo

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Job Description


We are looking for a highly skilled and experienced professional to join our team as a Zonal Debt Manager - Retail MFB - Collections in Patna. The ideal candidate will have 2 to 7 years of experience in collections, finance, or a related field. Roles and Responsibility
  • Maintain and improve the health of the portfolio through various legal and collection tools and processes.
  • Ensure NPA levels are kept at minimum trigger levels and recommend appropriate legal actions for stress contracts.
  • Manage portfolio movement and control loss for specific products in the assigned region.
  • Analyze and maintain zero delinquency within required parameters/policies and systems.
  • Take steps to ensure receipt of payments and recovery of bad debts while monitoring legal proceedings with in-house and external legal teams/advocates.
  • Provide effective interdepartmental communication with operations, credit, and sales teams by identifying negative areas and developing systems that meet local requirements.
  • Ensure customer satisfaction through quick resolution of issues and complaints, and visit high-value strategic customers.
  • Facilitate competition mapping and market trends by collating information from the market to suggest changes.
  • Ensure all in-house officers/agencies perform as per defined SLA while reducing vendor costs.
  • Manage productivity by setting productivity parameters for DMA/Agencies/collection executives and monitor performance against these parameters.
  • Lead and supervise the collections team for implementing a recovery agenda through training, motivation, and deployment strategies.
  • Ensure compliance with all audit/regulatory institutes and company policies and procedures.

  •  Job
  • Post Graduate in any discipline/Diploma/Degree in Finance.
  • Minimum 2 years of experience in collections, finance, or a related field.
  • Possess strong knowledge of financial services, broking, MIS, auditing, and management.
  • Demonstrate excellent communication and leadership skills.
  • Ability to work in a fast-paced environment and meet deadlines is essential.
  • Strong analytical and problem-solving skills are required.
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