Senior Portfolio Recovery Manager

4 days ago


Delhi, Delhi, India IDFC FIRST Bank Full time

Job Title: Senior Portfolio Recovery Manager

Location: IDFC FIRST Bank

Job Description:

IDFC FIRST Bank is seeking a seasoned Senior Portfolio Recovery Manager to lead our debt collection efforts. This role requires strong leadership and analytical skills to manage a team of Regional managers and coordinate operational recovery activities for maintaining credit portfolios.

Key Responsibilities:
  • Manage a team of Regional managers and oversee the operational recovery activities for maintaining credit portfolios.
  • Administer corporate policies and procedures to minimize front-end delinquencies.
  • Establish relationships with stakeholders to create value and contribute to the bank's larger organizational objectives.
  • Develop and implement strategies to minimize delinquencies and maintain the health of the portfolio.
  • Classify cases and devise action plans for restructuring or recovering through legal intervention.
  • Aggregate information about competitor policies and define a suitable collection policy.
  • Ensure the team adheres to defined processes and policies while dealing with delinquent customers.
Requirements:
  • 13+ years of relevant experience in collection.
  • Graduate – Any, Post Graduate – MBA.
  • Strong leadership and analytical skills.
  • Ability to work in close collaboration with business and support teams.
Compensation:

The estimated annual salary for this role is ₹25-30 lakhs (approximately $33,000-$40,000 USD) based on industry standards and market conditions.



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