Debt Recovery Specialist

2 weeks ago


Kerala, India IDFC FIRST Bank Full time

Job Overview

IDFC FIRST Bank is seeking a highly skilled Debt Recovery Specialist to join our Credit Collections team. The successful candidate will be responsible for managing and undertaking collections processes for debts assigned to their area.

Responsibilities

  • Manage and undertake collections processes for debts assigned to the area
  • Track and control delinquency of the area, bucket-wise and DPD-wise, focusing on non-starters
  • Allocate and achieve targets from agencies/in-house teams
  • Follow up with default customers to ensure timely payments
  • Ensure adherence to collection process and legal guidelines
  • Recommend legal actions for non-recoverable cases and follow up with the legal team for closure
  • Maintain data for administrative work related to collection

Requirements

  • 2+ years of relevant experience in debt recovery or credit collections
  • Strong understanding of credit laws and regulations
  • Excellent communication and negotiation skills
  • Ability to work under pressure and meet deadlines

What We Offer

IDFC FIRST Bank offers a competitive salary package, including a base salary of Rs 8 lakhs per annum, plus incentives based on performance.

About IDFC FIRST Bank

IDFC FIRST Bank is one of India's leading private sector banks, known for its commitment to customer satisfaction and innovative banking solutions.



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