Regional Debt Manager
5 days ago
Job Description:
The role of Regional Debt Manager at IDFC First Bank requires a strong leader to manage a team and coordinate operational recovery activities for maintaining the credit portfolio of assigned regions. This entails administering corporate policies and procedures, ensuring front-end delinquencies are minimized, and establishing relationships inside and outside the organization to create value.
This is a critical role with a direct impact on the bank's objectives. The successful candidate will be responsible for:
- Recovery of assigned products
- Identification of trends from collection metrics through MIS and analytics
- Designing action plans to minimize delinquencies and maintaining portfolio health
- Managing productivity by setting parameters for agency collection executives
- Classifying cases for restructuring or legal intervention
- Aggregate information about competitor policies and define a suitable collection policy
- Maintaining adherence to defined processes and policies while dealing with delinquent customers
- Recommend changes in credit policies and monitoring processes based on trends in NPAs
Responsibilities:
The ideal candidate should possess strong analytical and leadership skills, with experience in debt recovery and credit risk management. They should be able to work closely with business and support teams to ensure speedy redressal of issues.
Requirements:
A minimum of 10 years of relevant experience in debt recovery and credit risk management, with a graduate degree in any field and an MBA or PGDM preferred.
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