Area Manager - Collection

Talent Leads Consultants
  • Kochi
  • 7-10 lakh
  • 8-10 years
  • Views
  • 11 Jul 2017

  • Collections/ Recovery

  • Banking - Corporate
Job Description

This position would be responsible to develop, manage and optimize the business performance at the Area Level.Ensure regular flow of NPA loan cases allocations and engage collection and recovery teams to meet the required collections efficiency, effectiveness and recovery metrics.
Also responsible for creation of new avenues for sourcing the business and enhancing the overall performance
Key Responsibilities
Job Responsibilities • Liaison with Banks, NBFCs, Financial Institutions for Local empanelment and allotment of Cases on a monthly basis
• Build and Execute Resolution strategies at the area / regional level in coordination with legal / GSO / Police & other regulatory bodies for timely closure of cases
• Monitor the t resale price achieved with respect to Reserve Price for assets in assistance with the residual team
• Monitor the generation of bills and liaise with banks for timely recovery
• Manpower planning and expense budgeting as per the business volume and ensure adequate staffing levels at all times
• Identification of new avenues for sourcing portfolios
• Enhancing the productivity using both existing & exclusive resources to achieve the overall business goals
• Monitoring the performance of team and provide periodic trainings on policies and process to enhance productivity
• Responsible for monitoring& driving the overall P&L for the respective area / region
• Keeping track of portfolios by sharing of progress(MIS) with respective clients on monthly basis

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