Debt Recovery Specialist

1 month ago


Bengaluru, Karnataka, India IDFC FIRST Bank Full time

Job Overview:

IDFC FIRST Bank is seeking a skilled Debt Recovery Specialist to join our team.

About the Role:

The successful candidate will be responsible for managing and undertaking collections processes for assigned debts.

  • Regularly track portfolios for specific buckets in designated areas
  • Monitor and control delinquency rates, focusing on non-starters and overdue payments
  • Allocate and achieve targets from agencies or in-house teams
  • Follow up with default customers to ensure timely payments
  • Maintain adherence to collection procedures and legal guidelines
  • Identify and recover absconded default customers
  • Recommend legal action for non-recoverable cases and collaborate with the legal team for case closure
  • Update delinquent account histories and provide MIS reports

Requirements:

A minimum of 2-5 years of experience in debt recovery or a related field

Graduate or postgraduate degree in any discipline

Compensation and Benefits:

The estimated salary range for this position is ₹8,00,000 - ₹12,00,000 per annum, depending on qualifications and experience.



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