Senior Manager

DescriptionAbout UsSBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.Join us to shape the future of digital payment in India and unlock your full potential.What's in it for YOUSBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employeesAdmirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employeesDynamic, Inclusive and Diverse team culture Gender Neutral PolicyInclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefitsCommitment to the overall development of an employee through comprehensive learning & development frameworkRole Purpose Responsible for delivering on business metrics of portfolio resolution, norm, rollback and extraction/absolute recovery and ROR as per business operating plan through a team of Agency  managers and Collection Vendors.Role Accountability Devise vendor allocation strategy for the CD/region and ensure appropriate capacity addition basis future business inflows in line with ACR guidelinesEnsure adequate legal interventions on the portfolioEnsure various critical segments as defined by business are reviewed and performance is driven on them Conduct regular performance review with Vendors and Area collection managers for all critical metrics to track the portfolio health and performance trendsEnsure judicious use of hardship tools and adherence to the settlement waivers both on rate and valueConduct ongoing field visits on critical accounts and ensure proper documentation in Collect24 system of all field visits and telephone calls to customersRaise red flags in a timely manner basis deterioration in portfolio health indicators/frauds and raise timely alarms on critical incidents as per the compliance guidelinesReinforce compliance standards with area collection managers and vendors to drive adherence to code of conductEnsure all guidelines mentioned in the SVCL are adhered to and that process hygiene is maintained at aligned agenciesEnsure all customer complaints received are closed within time frameConduct thorough due diligence while onboarding/offboarding/renewing a vendor and all necessary formalities are completed prior to allocatingEnsure monthly cost provisions are reported as per timelines Identify upcoming markets in accordance with the Sales growth plan and evaluate setting up/expanding operations basis volumesIn cases pertaining to Banca delinquencies, collaborate with partner bank branches in respective locations to track customersMeasures of Success Portfolio CoverageResolution RateNormalization/Roll back RateSettlement waiver rate Absolute RecoverySettlement waiver rateExtraction RateACM CAPERORRegulatory Customer complaint %Vendor SVCL Audit adherenceProcess adherence as per MOUTechnical Skills / Experience / CertificationsCredit Card knowledge along with good understanding of Collection ProcessesCompetencies critical to the roleAnalytical AbilityStakeholder ManagementProblem SolvingResult OrientationProcess OrientationQualification Post-Graduate / Graduate in any disciplinePreferred IndustryFSI