Regional Debt Manager

3 weeks ago


new delhi, India IDFC FIRST Bank Full time

Role/ Job Title: Regional Debt Manager- Flows- Personal Loan digitalFunction/ Department: Debt ManagementJob Purpose:The role bearer has the responsibility to manage an area managers team and co-ordinate the operational recovery activities for an area credit portfolio in their assigned territory. It includes administration of corporate policies and procedures and ensure that front delinquencies are minimized. Working closely with the legal team so that they can provide sound legal advice on how to manage delinquencies that the company faces. The role bearer end to end collections responsibility for the collections of the area allocated contributing to the larger organizational objectives of the bank. This is a critical role that has a direct impact on the financial institution's budget planning.Roles & Responsibilities:Responsible to handle a region for collections of specific products.Responsible for collection efficiency and cost of collections for the assigned area.Responsible to track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters.Responsible to review account allocations and collections targets by bucket to agencies/ in house team.Regularly follow up with the default customers through a dedicated team.Manage productivity by fixing productivity parameters for In-house / Agencies / collection executives monitoring performance against set parameters and daily reviewing the same.Making sure that there is adequate “Feet on Street” availability area-wise / bucket-wise / segment-wise.Collaborate with legal team to ensure legal action is taken on specified cases.Determine suitable tactics or strategies for timely collections of team members.Guiding and managing assigned area team managers.Education Qualification:Graduation: Any GraduationExperience: 12 to 18 years of experience in collection - Debt management FlowsShould have a good knowledge of microsoft excel.Kindly share CVs in below mail ID:


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