3 Days Left Debt Recovery Manager

3 weeks ago


Mysore, Karnataka, India Trigent Software Private Limited Full time
Job Description

Responsibility:

- Implement collection strategies at the regional level for efficient collections and recovery of outstanding loans
- Authorize payouts and roll out collection payout structure policy
- Monitor and ensure adherence to collection process and take preventive action against erring agencies / agents; discontinue agencies based on performance
- Ensure cost effective collections in the region; test and implement different collection models such as telecalling, etc.
- Act as a SPOC between Legal, Residual & Collections team
- Partner with regional sales & credit team to ensure quality sourcing
- Analyze collection patters, identify trouble spots in the ongoing programs, and coordinate with the Program Head for taking corrective actions
- Ensure effective collections from DCC and micro market
- Ensure all higher bucket accounts with outstanding amounts are actioned legally
- Minimize loss on sale of repossessed vehicles; monitor the loss line provision from time to time
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