State Collections Manager

23 hours ago


Ahmedabad, Gujarat, India Hiranandani Financial Services Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Role & responsibilities

  1. Strategy Development: Create and implement effective strategies for debt recovery and collections in assigned regions, ensuring compliance with laws, regulations, and company policies.
  2. Team Leadership: Lead and supervise a team of collections professionals, providing guidance, training, and support to maximize their performance and meet collection targets.
  3. Performance Monitoring: Track and analyze collection metrics, including delinquency rates, recovery rates, and payment behaviors, to identify trends, areas for improvement, and potential risks.
  4. Portfolio Management: Oversee collections portfolio management, prioritizing accounts, reviewing payment plans, negotiating settlements, and initiating legal actions when needed.
  5. Customer Interaction: Address customer inquiries on delinquent accounts, resolving disputes, and assisting with payment options or debt resolution.
  6. Reporting: Prepare and present regular collections activity reports, trends, and outcomes to senior management for informed decision-making and continuous improvement.
  7. Cross-Department Collaboration: Work closely with sales, customer service, and finance teams to improve collections effectiveness and reduce customer delinquency.
  8. Process Improvement: Identify and implement process enhancements, automation, and technology solutions to streamline operations, boost productivity, and optimize recovery.

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