Rpmg:cluster Portfolio Manager

RPMG Cluster Portfolio Manager - Mortgage INTERNAL USAGE No of Vacancies Reports to Circle Manager Is a Team leader Y Team Size Grade AVP Business Retail Banking Department Retail Portfolio Management Group Sub-Department Flows Location PAN India About Retail Portfolio Management Group The Retail Portfolio Management Group RPMG plays a strategic role in managing the bank s retail receivables with a sharp focus on loss containment cost efficiency and portfolio sustainability Through advanced analytics technology-driven processes and close collaboration with Credit Risk and Product teams RPMG ensures risk-calibrated policy execution RPMG engages delinquent customers with multiple repayment solutions and financial counseling promoting responsible credit behavior and long-term financial health This approach aligns with the bank s overarching Growth Profitability and Sustainability GPS strategy positioning RPMG as a key contributor to operational resilience and financial performance About the Role The Cluster Portfolio Manager for Mortgage products Home Loan LAP Asha is responsible for managing the portfolio of mortgage loans within a specific area ensuring NPA resolution and achieving collection targets This role involves handling the Risk - 60 portfolio achieving resolution and normalization targets and ensuring compliance with audit procedures The Cluster Portfolio Manager will manage a team and ensure the effective servicing of debt for mortgage loan products Key Responsibilities Portfolio Management Manage the portfolio of mortgage loan products including Home Loan Loan Against Property LAP and Asha Ensure maximum release from the NPA pool by achieving the required resolution target as per the business requirement Ensure minimum addition to the NPA pool by maintaining the delinquency level Achieve calling resolution targets for X 30 buckets for mortgage products Adhere to calling norm targets for mortgage products Operational Management Oversee the collection process to ensure efficient and effective portfolio management Monitor and analyze portfolio performance metrics and implement necessary adjustments Ensure compliance with regulatory guidelines and internal policies Engage defaulting members through telephone emails and physical visits to recover payments on defaulted accounts Maintain daily activity logs of calls physical visits right party contacts promises to pay and promises to pay kept Prepare contingency plans for all collection-related activities Ensure that assigned locations and collection agencies have sufficient manpower Create a performance-oriented environment leading to high employee motivation and productivity Ensure that all staff are adequately trained on the products of the bank processes and various policies of the bank Team Management Manage a team of Bucket Managers and ensure achievement of the monthly resolution targets Ensure that all collection agencies are fully compliant with RBI guidelines and the bank s collection policy Track portfolio health and prepare contingency plans for all collection-related activities Ensure adherence to the set process and audit requirements in place Data Analysis and Reporting Collect analyze and interpret data to measure portfolio performance against established KPIs Generate detailed reports on portfolio metrics and provide actionable insights Identify trends patterns and opportunities for optimization Process Improvement Continuously evaluate and enhance portfolio management processes and workflows Identify opportunities to improve efficiency and effectiveness Implement industry best practices and emerging technologies Qualifications Optimal qualification for success on the job is Graduation Post-Graduation from a recognized institute 10 to 12 years of relevant experience in the NBFC Banking industry Desired Qualifications Knowledge and understanding of collections and market dynamics Knowledge of regulatory guidelines and norms Operational and system knowledge Role Proficiencies For successful execution of the job the candidate should possess the following Proven experience in portfolio management preferably within the financial services industry Strong analytical skills with proficiency in data analysis and interpretation Excellent project management skills with the ability to prioritize and meet deadlines Strong interpersonal and communication skills with the ability to collaborate effectively Ability to manage complex client situations Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment Ability to handle pressure and meet deadlines About Axis Incorporated in 1994 Axis Bank is one of India s most trusted banks the third largest in the private sector At Axis Bank customer centricity has always been the foundation of our business Our efforts to address the requirements of a diverse customer cross-section are powered by robust infrastructure advanced technology a comprehensive monitoring control framework a large talent pool The Bank has a young engaged workforce of over 60 000 employees with an average age of 30 years We are an equal opportunity employer believe in empowering our employees by offering rich roles learning opportunities flexibility to chart their career their way Skills Refer to the About Company Axis Bank is the third largest private sector bank in India The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates MSME Agriculture and Retail Businesses The Bank has a large footprint of 4 594 domestic branches including extension counters with 11 333 ATMs 5 710 cash recyclers spread across the country as on 31st March 2021 The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021 The Overseas operations of the Bank are spread over eight international offices with branches at Singapore Dubai at DIFC and Gift City-IBU representative offices at Dhaka Dubai Abu Dhabi Sharjah and an Overseas subsidiary at London UK The international offices focus on Corporate Lending Trade Finance Syndication Investment Banking and Liability Businesses