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Collection Manager
1 month ago
We are looking for collection managers who is currently handling Affordable Home Loan and Mortgage collections.
Job Role :
· Timely communication on targets across portfolio parameters of resolution, rollback & normalization to Agency proprietor & agency manager
· Ensure achievement of Resolution, Rollback/ Normalization targets assigned on the portfolio allocated are achieved
· Timely submission of used receipts & ensuring payment application within the approved TAT.
· Receipt reconciliation to be done within the approved cut off date
· Start of month audits to be conducted to ensure 100% process adherence. Any abbreviations to be reported to location head/ RCM as appropriate
· Communication on pickups for accounts where pickups have been generated
· Ensure vendor payouts are timely raised & commission is subsequently paid to vendors
· Agency to operate within the regulatory framework with 100% compliance of regulatory norms
· Direct field follow up on difficult cases by Agency Manager along with agency proprietor/ agency supervisor for personal traction of high risk accounts.
· Ensure necessary investigation of complaints received across channels are shared post necessary review to prevent any reputational/ financial loss for the Bank.
· Identify & recommend cases where Legal recourses need to be sought & ensure legal coverage of all accounts allocated as appropriate