Debt Recovery Specialist
3 days ago
Job Title: Associate Debt Manager - Recoveries
Department: Collections
Job Summary:
The role of Associate Debt Manager - Recoveries at IDFC FIRST Bank involves overseeing the collections department, managing agencies, and ensuring efficient EMI retrieval from customers while adhering to bank guidelines.
Key Responsibilities:
- Manage and undertake collections process for assigned debts
- Regularly track portfolio for specific buckets and areas
- Track and control delinquency, focusing on non-starters
- Allocate and achieve targets from agencies/in-house teams
- Follow up with default customers and ensure adherence to collection process and legal guidelines
- Tracing out absconded default customers and initiate recovery process
- Recommend legal actions for non-recoverable cases and follow up with legal team
- Maintain data for administrative work related to collections
Qualifications:
Graduate - Any, Post Graduate - MBA, PGDM, 2-5 years of experience in collections
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