Debt Recovery Manager
2 weeks ago
Job Title: Debt Recovery Manager
Department: Collections
Job Purpose:
The Debt Recovery Manager will be responsible for planning, organizing, directing, and overseeing the activities of the collections department. This includes managing agencies associated with the company in their assigned territory, ensuring the efficiency and optimization of retrieving EMI from customers, and adhering to all guidelines laid out by the bank to contribute to the bank's larger organizational objectives.
Key Responsibilities:
- Manage and undertake collections processes for assigned debts.
- Regularly track portfolios for specific buckets in assigned areas.
- Monitor and control delinquency in areas, bucket-wise and DPD-wise, focusing on non-starters.
- Allocate and achieve targets from agencies/in-house teams.
- Follow up with default customers regularly.
- Ensure adherence to collection processes and legal guidelines.
- Tracing out absconded default customers and initiate recovery processes.
- Recommend legal actions for non-recoverable cases and follow up with the legal team for case closure.
- Maintain data for administrative work related to collections, including updating delinquent account history, providing and maintaining MIS reports, and reviewing collection feedback on a daily, weekly, and monthly basis.
Education Qualification:
Graduation: Any Graduate
Post-graduation: MBA, PGDM
Experience: 2+ years of relevant experience
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Senior Collections Specialist
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Pending Recovery
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Madurai, India SREE JAYANATHAN CHITS PRIVATE LIMITED Full time**collecting the dues from the pending customer**: - **Collections Specialists are responsible for resolving overdue bills and collecting payments from the individuals or businesses responsible for the debt.**: - **Identifying accounts with overdue payments and keeping records of the amount owed and the length of the delinquency.** **Job Types: Full-time,...
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Pending Recovery
5 months ago
Madurai, India SREE JAYANATHAN CHITS PRIVATE LIMITED Full time**collecting the dues from the pending customer**: - **Collections Specialists are responsible for resolving overdue bills and collecting payments from the individuals or businesses responsible for the debt.**: - **Identifying accounts with overdue payments and keeping records of the amount owed and the length of the delinquency.** **Job Types: Full-time,...
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