Posted By
Posted in
Banking & Finance
Job Code
610213
Responsibilities :
- Manage the overall coordination of collection and recovery activities for the zone within the collections team
- Hiring and training to create an efficient & robust team for effective delivery on budgeted outcomes
- Monitor & review the activities of the zonal collections teams for achievement of collections targets
- Ensure compliance in cash accounting & collections norms, identify fraudulent practices& take corrective steps
- Define and review collection strategies for the zone; establish processes for efficient collections and recovery, forecasting the possible defaults & likely closures
- Gain market pulse through meetings with channel partners & engage in direct field visits for key accounts
- Work closely with sales, credit policy & legal teams for jointly arriving at necessary course of action for defaulters or potential defaulters
- Ensure collections efficiency in zone assigned achieve collections targets while controlling cost of collections
- Predictive analytics, boost collections through incentives/programs and explore alternate venues for collections
Candidate Requirement :
- Post Graduate/ MBA
- 12-15 years of experience in handling collections (preferably with a background in mechanical engineering or equivalent)
- Knowledge of the local market
- Strong analytical skills
- Problem solving and decision-making skills
- Relationship Management (critical for retaining key customers)
- Strong communication and interpersonal skills
- People Management skills
Didn’t find the job appropriate? Report this Job
Posted By
Posted in
Banking & Finance
Job Code
610213