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Full-time
bachelor degree, postgraduate degree
Posted 1d ago
Apply by Aug 31
~40 hrs/week
Responsibilities
The manager is responsible for overseeing collection targets, managing NPA levels, and ensuring delinquency control within the assigned area. They also coordinate field activities, manage vendor payouts, and represent the organization in legal matters related to asset recovery.
Requirements
The candidate must hold a graduate or postgraduate degree in any discipline. Strong experience in retail finance collections and knowledge of legal recovery processes like SARFESI are required.
Full job description
o Handle collections for the assigned area and achieve collection targets on various parameters like resolution, flows, credit cost and roll rates (depending on the bucket)
o Ensure that the NPA's are kept within assigned budget and active efforts are made to minimize it.
o Increase the fee income / revenue and develop intiatives to control and reduce the amount of vendor payouts
o Conduct asset verifications and possession as per SARFESI / Section 9 process through court receivers.
o Track & control the delinquency of the area (Bucket & DPD wise) and focus on nonstarters
o Ensure customer satisfaction by ensuring quick resolution of customer issues within specified TAT
o Build relationships with key clients to ensure timely collections are made and monitor defaulting customers by ensuring regular follow with critical/complex customers to identify reasons for defaulting
o Represent the organization in front of legal/ statutory bodies as required by the legal team and ensure that the collection team adheres to the legal guidelines provided by the law in force
o Allocate work to the field executives and ensure that all the agencies in the location perform as per defined SLA, ensuring payments and audit receipts get deposited within the defined SLA.
o Ensure that there is adequate Feet on Street availability area-wise /bucket-wise/ segment-wise and obtain daily updates from all collection executives on delinquent portfolio & initiate detailed account level review of high ticket accounts
o Ensure compliance to all Audit / Regulatory bodies as well as policies and procedures of the company
Qualification : Post Graduate/Graduate in any discipline
Tata Capital Limited, a holistic financial services provider, caters to the diverse needs of retail, housing, SME, and corporate customers with a pan-India network of 1500+ branches. Its range of offerings includes Consumer Finance, Housing Finance, Commercial Finance, Cleantech Finance, Microfinance, Debt Syndication, Private Equity, and Credit Cards.
Offices: Ganpatrao Kadam Marg, Mumbai, Maharashtra 400013, IN
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