Senior Portfolio Recovery Manager
4 days ago
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.
- 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.
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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