Zonal Head Collection
22 hours ago
Role Summary:
We are seeking a dynamic and experienced Zonal Head to lead and manage our field collection operations within the designated zone. The ideal candidate will have a proven track record in managing large teams, developing strategies to improve collection efficiency, and ensuring compliance with regulatory standards. This role requires strong leadership skills, excellent communication abilities, and a deep understanding of the financial services industry.
Key Responsibilities:
Leadership and Team Management:
- Lead, mentor, and manage a team of field collection agents and regional managers.
- Set performance targets and monitor the teams performance against those targets.
- To Foster a culture of accountability, continuous improvement, and excellence within the team.
Strategic Planning and Execution:
- Develop and implement effective field collection strategies to minimize delinquencies and maximize recoveries.
- Analyse data to identify trends and areas for improvement and adjust strategies accordingly.
- Coordinate with other departments (e.g., Risk, Compliance, Customer Service) to ensure a cohesive approach to collections.
Operational Efficiency:
- Optimize field collection processes to enhance efficiency and effectiveness.
- Ensure timely and accurate reporting of collection activities and performance metrics.
- Utilize technology and automation to streamline field operations.
Regulatory Compliance:
- Ensure all field collection activities comply with relevant laws, regulations, and company policies. Stay updated on changes in regulatory requirements and adjust processes as needed.
- Handle escalated cases with sensitivity and adherence to legal standards.
Customer Interaction:
- Oversee the resolution of complex and high-value cases, maintaining a customer-centric approach.
- Ensure field agents handle customer interactions professionally and ethically.
- Implement strategies to maintain positive customer relationships while achieving collection targets.
Attributes we are looking for:
- Minimum of 8-10 years of experience in field collections within the financial services industry, with at least 5 years in a leadership role.
- Proven ability to manage and motivate large teams.
- Strong analytical skills and experience with data-driven decision making.
- Excellent communication, negotiation, and interpersonal skills.
- In-depth knowledge of relevant regulatory requirements and compliance standards.
- Proficiency in using collection software and tools.
- Bachelors degree is a must, masters in business administration, or a related field is preferred.
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