Debt Recovery Specialist
17 hours ago
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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