Debt Recovery Manager

4 days ago


Mumbai, Maharashtra, India beBeeArrears Full time ₹ 60,00,000 - ₹ 1,20,00,000
Job Title: Arrears Specialist

We seek a seasoned professional to manage debt recovery in our retail banking division.

The role involves overseeing the collections process, optimizing EMI retrieval, and ensuring compliance with organizational guidelines.

Main Responsibilities:
  • Manage and execute debt collection processes for assigned debts.
  • Regularly monitor portfolio performance across specific buckets in designated areas.
  • Track delinquency rates and days past due (DPD) for non-starters, focusing on corrective actions.
  • Assign targets to internal teams and external agencies, and follow up with default customers.
  • Ensure adherence to established collection processes and legal frameworks.
  • Initiate recovery processes for absconded customers and recommend legal action for non-recoverable cases.
  • Maintain data records for administrative tasks related to collections, including updating account history, generating MIS reports, and reviewing feedback.
Requirements:
  • Bachelor's or Master's degree from any institution.
  • A minimum of 3 years of experience in debt recovery.


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