Collections Manager
3 days ago
We are seeking an experienced Collection Manager to lead our collections operations at our NBFC branch. The role involves managing a team of agents, implementing effective recovery strategies, handling escalations, and ensuring compliance with regulatory guidelines. The ideal candidate will be target-driven, customer-focused, and skilled in minimizing overdue accounts while maintaining healthy client relationships.
Key Responsibilities
- Lead, mentor, and motivate the collections team to achieve recovery targets.
- Develop and execute strategies to recover delinquent accounts.
- Handle escalated cases while maintaining professionalism and positive customer relationships.
- Track, analyze, and report collection performance metrics.
- Ensure compliance with all regulatory and legal requirements in collections processes.
- Identify risks related to overdue accounts and implement mitigation strategies.
- Collaborate with cross-functional teams to improve efficiency in collections operations.
Qualifications & Skills
- 3 - 5 years of proven experience in collections (NBFC/Banking sector preferred).
- 2 - 3 years of team management/leadership experience.
- Strong communication, negotiation, and conflict-resolution skills.
- Analytical mindset with proficiency in collections tools/software.
- Good understanding of regulatory and legal frameworks related to collections.
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