Senior Debt Recovery Specialist

2 days ago


Hyderabad, Telangana, India IDFC FIRST Bank Full time
Job Description

We are seeking a seasoned Debt Recovery Specialist to join our team at IDFC FIRST Bank, specializing in managing and optimizing Business Loan portfolios.

About the Role:

  • The ideal candidate will be responsible for overseeing collections processes, ensuring timely repayment of debts assigned to their portfolio.
  • Regularly track and analyze key performance indicators (KPIs) to identify trends and areas for improvement.
  • Develop and implement strategies to optimize debt recovery rates and minimize delinquency.
  • Maintain accurate records and reports to ensure compliance with regulatory requirements and company standards.
  • Collaborate with internal stakeholders, including credit teams, risk management, and legal departments, to resolve complex cases and drive business growth.

Requirements and Qualifications:

  • 2-5 years of experience in debt collection, loan management, or related field.
  • Demonstrated expertise in analyzing financial data, identifying patterns, and developing effective solutions.
  • Strong communication and negotiation skills, with the ability to build rapport with customers and stakeholders.
  • Bachelor's degree in Finance, Accounting, or related field.

Benefits:

  • A competitive salary range: ₹8.5 lakhs - ₹14 lakhs per annum (dependent on qualifications and experience).
  • Ongoing training and professional development opportunities.
  • A dynamic work environment with collaborative colleagues.

What We Offer:

  • A comprehensive benefits package, including health insurance, retirement savings plan, and paid time off.
  • The opportunity to work with a forward-thinking organization that prioritizes innovation and customer satisfaction.


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