Loan Portfolio Management Professional

2 days ago


Mumbai, Maharashtra, India 2coms Full time
Job Title: Loan Portfolio Management Professional

About the Role:
We are seeking a highly skilled Loan Portfolio Management Professional to join our team at 2coms. In this role, you will be responsible for managing various aspects of default servicing and management for our US Consumer Loan business.

Key Responsibilities:
- Collaborate with legal teams, recovery agencies, and stakeholders to resolve defaulted accounts.
- Support the collections process by reviewing accounts and providing recommendations for collection strategies.
- Work with repossession teams to recover assets (e.g., for auto-secured loans) as needed.
- Track borrower bankruptcy filings and update account statuses.
- Assist in preparing necessary documentation for legal proceedings related to default loans.
- Ensure all system records are accurately updated to reflect the latest status of default accounts.
- Maintain proper documentation for all account actions and communications.
- Generate reports on default loan statuses, settlements, and recovery efforts.
- Ensure compliance with relevant regulations and internal policies in all default servicing activities.

Required Skills and Qualifications:
- Fundamental understanding of loan delinquency, foreclosure, bankruptcy processes, and recovery strategies.
- Efficiently manage a portfolio of default loans, ensuring timely follow-ups and actions.
- Experience working with loan management systems to update and track defaulted loan accounts.
- Strong attention to detail and accuracy
- Excellent communication skills, both written and verbal
- Ability to work independently and manage loan portfolios
- Strong organizational and time management skills
- Flexible working hours required to accommodate different time zones of the employer
- Applies analytical skills to quickly and efficiently resolve any customer issues
- Maintain high-quality customer service standards
- Meet productivity and quality targets
- Collaborate with internal teams and external agencies to resolve account issues

Salary Estimate: $65,000 - $90,000 per year.

Benefits:
This role offers a competitive salary, comprehensive benefits package, and opportunities for professional growth and development.

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