▷ (15h Left) Head of Collections
3 weeks ago
- Profile - Head - Collections
Please find below key roles & responsibilities for your kind reference.
· Set collections targets & develop collection optimization strategies by market penetration. Responsible for managing all legal activities initiated in the region for all matters
· Instrumental in developing the team with clearly spelt out responsibilities for handling delinquency cases and ensuring speedy recovery of due payments
· Strategize legal initiatives on the identified & eligible delinquent accounts. Identify, analyze and implement solutions that drive results as per the policy of the company
· Controlled the costs of collections and improved processes to enhance staff productivity
· Strong follow-up on high ticket accounts and ensuring payments applying varied strategies
· Handle Penal Collections from the Delinquent Portfolio. Responsible for Branch Level Licensing and Compliance
· Draw suitable policies and take up the initiatives in line with legal policy of the Bank and keeping the dynamic of the judiciary & law enforcement agencies of the location/region
· Manage high Value, critical cases & address the escalated matters and matters concerning high exposure of the region
· Conduct data analysis based on products, portfolios and basis cost of data for optimal decision-making and determining the strategy of the region. Ensure minimum collection losses
· Manage collections & possessions on the allocated portfolio, allocation & reallocation of accounts to achieve maximum output. Coordinate with other Departments to minimize the delinquency risk and resolution of cases
· Accountable for maintaining a healthy portfolio and managing recoveries/ collections and taking legal steps against seriously delinquent accounts. Consistently monitor & manage receivables for maintaining excellent recovery ratios
· Monitor receipt update and periodical audit on receipt books.
· Handle manpower planning, recruitment, training & development of the team of Collections & Legal Managers. Review the performance of Collection Managers and Recovery Officers wrt target allocation, achievement review, etc
· Conduct regular reviews with collections and understand the requirements. Plan legal activities & execution accordingly
· Maintain MIS reports to gauge the developments of all the processing for the top management
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Head of Collections
3 weeks ago
Delhi, India Intellectual Capital HR Consulting Pvt. Ltd. Full timePFB Mandate -Profile - Head - CollectionsPlease find below key roles & responsibilities for your kind reference.· Set collections targets & develop collection optimization strategies by market penetration. Responsible for managing all legal activities initiated in the region for all matters· Instrumental in developing the team with clearly spelt out...
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Head of Collections
3 weeks ago
delhi, India Intellectual Capital HR Consulting Pvt. Ltd. Full timePFB Mandate - Profile - Head - Collections Please find below key roles & responsibilities for your kind reference. · Set collections targets & develop collection optimization strategies by market penetration. Responsible for managing all legal activities initiated in the region for all matters · Instrumental in developing the team with clearly spelt out...
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