Zonal Collection Head
-
Corphive
-
Banking
-
Full time
-
Mumbai
Posted by Poonam Verma
26 Jun 2024, 09:16 AM
- To maintain the bucket balances and reduce NPA on the bank’s book
- Ensuring that effective tools are applied to recovery losses
- Ensuring all the data requirements are managed well for any inputs needed for analytics , legal inputs, etc.
- Managing Front-end , Mid bucket and Recovery Collection
- Tracking of Field collector productivity by maximizing payment recoveries from Delinquent accounts
- Work with Debt Collection Agencies & Branches to deliver on Target performance in Pre-charge off as well as Post-Charge off buckets.
- Track Debt Collection Agencies (DCA) performance on a daily & monthly basis against MTD target v/s achievement & issuing performance letters monthly
- Reconciliation of payments collected along with receipts on a daily basis, to check for any fraud/siphoning of funds by DCA staff
- Perform Audit on DCA by conducting site-visits on a semi-annual basis; Perform Annual review on the Agencies i.e. Financial & reputations; information security & control; on- site review results, service level & yearly performance.
- Execution of legal remedies like sec.138,arbitration, Lok Adalat, SARFAESI Act etc on defaulting customers for recovery of outstanding.
- Visiting Branches, Customers & DCA’s for to drive collections & ensure assigned targets are achieved.
- Follow-up with customers of retail products to walk into the branches and make payments toward their overdues.
- Managing data & MIS’s as per the requirement.
- Tracking and updating monthly KRI in the GRC system
Job Type:
Full time
Locality:
Mumbai
Experience:
10
Eligibility:
MBA
Collection
Zonal Collection Manager
personal loan
Country: India
State: Maharashtra
City: Mumbai
