Debt Recovery Specialist

3 days ago


Vijayawada, Andhra Pradesh, India IDFC FIRST Bank Full time

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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