CredAble - National Collections Manager - Banking

2 weeks ago


Noida, Uttar Pradesh, India Equentia SCF Technologies Private Limited Full time

Roles And Responsibilities:

  • Develop and execute strategies for the collections department in alignment with the company's objectives and policies.
  • Build and provide leadership to the collections team, ensuring a high level of performance and productivity.
  • Oversee the recovery of outstanding debts related to unsecured and business loans, monitoring and improving collection processes.
  • Ensure collections are being managed properly; determine appropriate corrective action to take when confronted with accounts receivable discrepancies; take initiative to assure that corrective action is completed including personal visit of high POS cases in default.
  • Analyse collection data and create reports to track performance, identify trends, and implement necessary changes to enhance results.
  • Collaborate with other departments, such as risk management and credit, to mitigate potential losses and streamline the collections process.
  • Ensure compliance with all regulatory requirements and standards in all collection activities.
  • Identify and implement use of collection systems and tools for maximum efficiency.

Qualifications And Requirements:

  • Any graduate or Postgraduate.
  • Experience in a senior collections role within the banking or financial services sector.
  • Demonstrated success in implementing and managing collections strategies that resulted in improved recovery rates and operational efficiency.
  • Strong leadership skills with the ability to lead, mentor, and motivate a team
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