Manager - Vendor Management, Recoveries Telecalling

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, color, 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 Manage channel partners handling tele calling responsibilities for the assigned recovery portfolio.Role Accountability Execute recovery strategy for the site, track performance and give inputs to Portfolio ManagerMonitor channel partner performance through a structured review mechanism and ensure appropriate capacity planningFormulate strategies for low performing segments/markets and implement the same with vendor sites. Guide vendors to design a competitive incentive plan to ensure performance improvementReview Portfolio both Qualitatively & Quantitatively at account/NRR/Region / Channel level in order to identify gaps/issuesStrategise and segment portfolio churning on dialer prioritizing at various cuts in terms of Vintages / Occupation segment / Geography /any new product-variants to improve efficiencies and performancesConduct call sampling across portfolio segments in line with the call listening framework and share observations on call and portfolio quality with concerned stakeholders Manage the uptime for all SBI Card collection systems at the vendor site to ensure uninterrupted production and coordinate with Internal stake holders to ensure business continuity in the event of downtime of vendor CRM / Dialer systems /Telecom resourcesIdentify portfolio segments for initiation of legal approaches such as- Mediation, Conciliation, Lok Adalat and arbitration in order to extract on identified accounts and attend all camps as requiredIdentify right sets of accounts for TC-retention, adopting a segmented approach basis past delivery-trendsAnalyze action codes on daily basis and propose action plan to improve performance and right identification of field referralEnsure necessary training /certifications for tele calling staff in line with compliance requirementsConduct spot audits to ensure adherence to regulatory and internal guidelines on data security in all recovery operations at channel partner sitesTrack performance of all agents on key performance metrics daily to identify any adverse trends either or performance or call-quality or in disciplined behavior e.g. frequent late-logins, uninformed/unplanned leaves, low TOS, non-adherence to compliance guidelines, etc. and take suitable remediation measuresManage agency payouts in line with the business SLA model and ensure billing within defined timelines; Keep track of accuracy in different components of agency payouts - Actual Headcount deployed; PRI Lines, Contest, Team Engagement, etc.Measures of Success Rate of Recovery (ROR)Money RecoveredNFTE productivityPLI penetrationWaiver TargetsTele Retention rateNFTE training coverageCustomer complaints volumeVendor SLA adherenceNo adverse observations in internal/external auditsProcess adherence as per MOUTechnical Skills / Experience / CertificationsCredit Card knowledge along with good understanding of Collection ProcessesKnowledge of dialer strategiesExperience of managing large distributed vendor teamsCompetencies critical to the roleStakeholder ManagementResult OrientationProcess OrientationProblem Solving SkillsQualification Post-Graduate / Graduate in any disciplinePreferred IndustryCredit Card