(3 Days Left) Geography Head

2 weeks ago


Delhi, India Piramal Capital & Housing Finance Limited Full time
We are looking to hire Geography/State Head Recovery based out of

Delhi

Mumbai

Bangalore

Interested candidates please send your updated resume to

Key Roles and Responsibilities:

- Implementing the collection and recovery strategy of the organization, related policies and processes, in line with the risk appetite of the organization- Identify and set the annual collection targets and delinquency levels- Plan and execute regional-level growth-focused strategies to augment recoveries, reduce bad debts and delinquencies.- Drive and track recovery strategy, planning and performance monitoring, recommend mitigation strategies, capacity planning, incentivization, alternate payment channels, and litigation.- Build and develop review mechanism that throws strong early warning signals and develop mitigation strategies- Prepare budgets for driving the collections and recovery activities through discussion with internal and external partners- Strategically plan and foster tie-ups with various interest groups such as credit reporting agencies, fraud agencies, legal firms and collections/recovery agencies etc.- Manage and ensure delinquency related parameters (including collections efficiency, roll forward/roll back%, NPA%, quick mortality, non-starters%, bounce rate etc.) are within targets- Assess and formulate collections policies and procedures that provide for timely collections and recovery- Identify and lead initiatives for process enhancement and technology adoption in collaboration with the Digital/IT team like triggers and early warning signals- Monitor monthly status of recovery including performance of surrender/repossession at NPA stage, auction, days in stock, loss per unit sold and write-off bad debt collection- Implement policy, processes and procedures including standard operating procedures for different buckets, roll back, roll forward, OTS, SARFAESI, etc.- Ensure and check that collection and recovery policies and standards are being implemented at the ground level- Ensure that all levels are always audit compliant with internal and external policies and regulations- Design and implement monitoring mechanism and MIS to ensure that each parameter of KPI is constantly measured, reported, analyzed and improved- Set productivity targets & monitor performance of the Area Collection Managers, agencies of the mapped region

Must Have Skills :

- 7 - 9 years of experience driving recoveries of the entire loan portfolio in HFC/NBFC and managing a team- 8-10 years of managing vendors, cross functional teams- Networking with law enforcement & judiciary.- Team Management

If interested, please send your updated resume to

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