Debt Manager-Flows-LAP

2 weeks ago

Ludhiana, India IDFC FIRST Bank Full time

Role/ Job Title: Debt Manager-Flows- LAP

Function/ Department: Debt Management- Flows- LAP

Job Purpose:

The role bearer has the responsibility to plan, organize, direct and oversee the activities of the department. It also includes managing the agencies associated with the company in their assigned territory. The role bearer is responsible for the efficiency and optimization of retrieving EMI (Equated monthly instalment) from the customers and ensuring adherence to all the guidelines laid out by the bank contributing to the larger organizational objectives of the bank.

Roles & Responsibilities:

Responsible for managing and undertaking collections process for debts that have been assigned. Regularly track the portfolio for specific buckets for the assigned area. Track & control the delinquency of the area, Bucket-wise & DPD (Days Past Due) wise and focus on non-starters. Responsible to allocate and achieve targets from agencies/ in house team. Regularly follow up with the default customers. Ensuring adherence to collection process and legal guidelines. Tracing out absconded default customers and initiate recovery process. Recommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the cases. Maintain data for administrative work related to collection such as updating delinquent account history, providing and maintaining MIS report (Management Information System), reviewing of collection feedback on daily, weekly & monthly basis.

Education Qualification: 

Graduation: Any Graduation

Experience: 2 to 5 years of experience in Flows- LAP

  • Debt Manager-Flows-LAP

    2 weeks ago

    ludhiana, India IDFC FIRST Bank Full time

    Role/ Job Title: Debt Manager-Flows- LAP Function/ Department: Debt Management- Flows- LAP Job Purpose: The role bearer has the responsibility to plan, organize, direct and oversee the activities of the department. It also includes managing the agencies associated with the company in their assigned territory. The role bearer is responsible for...

  • Collection ManagerMortgages

    5 days ago

    Ludhiana, India Staffiaa Services Full time

    JobTitle: Collection Manager Debt Management (HomeLoans and Loan Against Property)CTC Upto 10 LPALocation: Ludhiana (Work FromOffice)Responsibilities: Manage debt portfolios for Home Loans and LoanAgainst Property implementing recovery strategies and riskmanagement. Oversee field collection agenciesand telecalling teams dedicated to HL and LAP...

  • Avp/agm - Finance

    1 month ago

    Ludhiana, India Life Solutions Placement Full time

    Job Opportunity For AVP/AGM Finance Experience: - 15 to 18 years Location: - Ludhiana, Delhi, Mumbai Qualification: - Chartered Accountant Cand should have deep knowledge of following areas 1) Debt, Equity, structured finance. 2) Dealing with NBFCs, private banks, and PSUs. 3) Treasury management 4) project financing such as real estate...

  • Sales & Billing Executives

    2 months ago

    ludhiana, India A One Groupe Staffing Services Full time

     Indoor sales in multi-brand cloth showroom A billing executive is responsible for managing the account balances. He also looks after handling the debts or other financial collection, calculates the bill receivable, purchased amount, discounts, and total order amount, storing all those data for revenue calculation.  A billing executive regularly contacts...

  • Field Sales Executive

    1 month ago

    Ludhiana, India Rentokil Initial Full time

    **Rentokil Initial**: **Our family of businesses**: Rentokil Pest Control is the world’s leading commercial pest control company, operating in 70 countries and ranked in the top 3 in 65 of those countries. Ranking in the top 3 in 38 of the 44 countries we operate in, Initial Hygiene is the market leader who provides quality, diligent and friendly services...

  • Sales Executive

    17 hours ago

    Focal Point, Ludhiana, Punjab, India UNICROSS GLOBAL PRIVATE LIMITED Full time

    Development of sales network PAN India. - Overseeing sales and gathering feedback from customers - Providing after-sales services to the customers - Managing area sales managers - Reporting to management on the weekly sales figures with proper reporting. - Proper reporting to accounts departments and management on the pending dues (if any) or debtor / bad...