Collections Analyst

3 weeks ago


Bengaluru, Karnataka, India Client of Alp Consulting Ltd Full time

Job Title: Collection Analytics - Senior/Manager

Location: Bangalore/Hyderabad/Noida/Chennai/Gurgaon (Hybrid)

Job Type: Fulltime

Years of Experience- 5-10 years

About Company:

It is a market leading Content and Data Technology company providing data services, subject matter expertise, & technology solutions to multiple domains.

Data Analytics & Al Solutions, Data Al Powered Operations and Education & Learning form the core pillars of the company's long-term vision. The company is a specialized solutions provider to business

information providers in finance, insurance, legal, real estate, life sciences and logistics.

Job Overview:

We are seeking an experienced Manager - Collection Analytics to join the team. You will work closely with our team to improve our collection strategies and tactics.

Roles and Responsibilities:

 Develop and implement collection strategies and tactics based on data analysis and insights. - Analyze and interpret data to identify trends and opportunities for improvement. - Collaborate

with cross-functional teams to develop and implement new collection processes.

 Analyze and interpret data to identify trends and opportunities for improvement. - Collaborate with cross-functional teams to develop and implement new collection processes

 Manage and mentor a team of collection analysts. - Monitor and report on collection metrics, including delinquency rates and recovery rates. - Communicate findings and recommendations

to senior leadership.

 Risk-Based Collections:

 Risk scoring is often used to prioritize high-risk accounts for immediate action while allowing more lenient approaches for low-risk borrowers.

 The use of advanced analytics can fine-tune this risk scoring process, allowing banks to focus resources where they are most needed.

Collection Strategy Optimization: Data analytics driven collections optimization Performance Monitoring & Reporting:

 Advanced analytics tools provide real-time insights into the effectiveness of various collection strategies, teams' performance, and key performance indicators (KPIs) such as recovery rates,

time to recovery, and operational efficiency.

 Dashboards can help in tracking progress and making quick adjustments to tactic.

Skills Required:

 Bachelor's or Master's degree in a relevant field.

 5-10 years of experience in collection analytics. - Strong analytical skills and experience working with large data sets.

 Experience with statistical analysis and modeling.

 Strong communication and leadership skills.

 Ability to work independently and as part of a team.

 Knowledge of collection regulations and industry best practices.

 Proficiency in statistical software and programming languages (e.g., Python, R, SQL) and data visualization tools (e.g., Tableau, Power BI).


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