
Senior Collections Specialist
11 hours ago
A highly skilled and experienced collections professional is required to lead our team in achieving collection targets across various parameters.
Key Responsibilities- Manage collections for assigned areas and drive results on key performance indicators such as resolution flows, credit cost, and roll rates based on bucket-specific requirements.
- Ensure Non-Performing Assets (NPAs) are within allocated limits, focusing on minimizing NPA growth through proactive measures.
- Boost fee income and develop initiatives to reduce vendor payouts, thereby enhancing revenue streams.
- Conduct asset verifications and possessions according to SARFESI Section 9 process through court-appointed receivers.
- Track delinquency control of area-wise buckets, with a focus on non-starters and ensuring timely collections.
- Resolve customer complaints efficiently within specified Turn-Around Times (TATs), maintaining high customer satisfaction levels.
- Nurture relationships with key clients to ensure timely payments and monitor defaulting customers, thereby optimizing collection outcomes.
- Represent the organization before legal and statutory bodies as required by the legal team.
- Allocate tasks to field executives and ensure agencies perform according to defined Service-Level Agreements (SLAs).
- Ensure Feet-on-Street (FoS) presence area-wise, bucket-wise, and segment-wise, obtaining daily updates from collection executives.
- Initiate detailed account-level reviews for high-value accounts.
- Graduate degree required; Masters or Postgraduate degree preferred.
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