Debt Portfolio Manager

3 days ago


Bengaluru, Karnataka, India IDFC FIRST Bank Full time

Job Summary:


We are seeking a highly skilled and experienced Debt Portfolio Manager to join our team at IDFC FIRST Bank. The successful candidate will be responsible for managing a team and coordinating operational recovery activities for an area credit portfolio in their assigned territory.



Key Responsibilities:



  • Manage a team of collectors and coordinate operational recovery activities for an area credit portfolio.
  • Administer corporate policies and procedures to ensure front delinquencies are minimized.
  • Work closely with the legal team to provide sound legal advice on managing delinquencies.
  • End-to-end collection responsibility for the collections of the area allocated, contributing to larger organizational objectives.
  • Manage productivity by fixing productivity parameters for in-house and agency teams, monitoring performance against set parameters, and reviewing daily performance.
  • Ensure that collection agencies and executives adhere to legal guidelines.
  • Build relationships with key clients to ensure timely collections.
  • Determine suitable tactics or strategies for timely collections.


Requirements:



  • 5-10 years of experience in collection.
  • Graduation in any field.


Language: en



About the Role:


This is a critical role with a direct impact on the financial institution's budget planning. The successful candidate will be responsible for managing a team and coordinating operational recovery activities for an area credit portfolio in their assigned territory.


The role bearer will have the responsibility to manage a team and co-ordinate the operational recovery activities for an area credit portfolio in their assigned territory.


The role requires a high level of expertise in debt management and a strong understanding of legal guidelines.



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