Associate Debt Manager-Recoveries
3 days ago
Job Requirements
Role/Job Title: Associate Debt Manager-Recoveries
Department: Collections
Job Purpose
IDFC FIRST Bank is seeking a highly motivated and experienced Associate Debt Manager-Recoveries to join our Retail Banking team in Mumbai, Maharashtra. As an Associate Debt Manager-Recoveries, you will be responsible for managing the recoveries of delinquent accounts in the BIL, Personal Loan, and MBL portfolios.
Roles & Responsibilities
- Develop and implement strategies to recover delinquent accounts in the BIL, Personal Loan, and MBL portfolios
- Monitor and track delinquent accounts and take necessary actions to minimize losses
- Conduct field visits to delinquent customers and negotiate repayment plans
- Coordinate with internal teams and external agencies for legal actions and recovery efforts
- Maintain accurate and up-to-date records of all recovery activities
- Analyse data and provide insights to improve recovery processes and strategies
- Ensure compliance with all regulatory and internal policies and procedures
- Build and maintain relationships with customers to facilitate timely repayments
- Provide regular updates and reports to senior management on recovery efforts and results
Education Qualification
Graduation:- Any Graduate
Experience: 2-5 Years of experience in Collections
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