Area Manager - Collection

Talent Leads Consultants
  • Pune
  • 5-7 lakh
  • 7-10 years
  • Views
  • 21 May 2018

  • Finance/ Accounts

  • Recruitment/ Staffing
Job Description

Job Purpose - - To drive collections at the area level and ensure sustainability of the business through timely collection & recovery Key Responsibilities - Managerial Responsibilities - Recruit and train the collections team for effective collections & recovery Monitor & review the activities of the collections teams operating in different areas; ensure compliance and be audit ready at any given point in time Ensure adherence to collection processes in the region , i.e. , system allocation , tracking , monitoring delayed cash deposition; identifying & reporting fraudulent practices Functional Responsibilities - Execute collection strategies at the area level for efficient collections and recovery of outstanding loans; ensure cost effective collections Monitor and ensure adherence to collection process and report the fraudulent practices of agencies / agents Submit recommendations to regional collections manager for discontinuing agencies based on performance Partner with local sales & credit to ensure quality sourcing Manage loss line provision; on - time sale of repossessed vehicles Ensure effective collections from DCC & micro market Coordinate with legal officers to file and execute non collectable accounts; execute repossession orders with the help of legal officers Job Requirements - Qualifications - Post Graduate / MBA Experience 7 experience in handling collections Functional Competencies Ability to work with integrated systems used for tracking & monitoring collections Operational execution Behavioral Competencies - Relationship Management (critical for retaining key customers) Strong communication and interpersonal skills Problem Solving & decision making skills Key Interactions - Internal Nature or purpose of interaction Regional Collections Manager To execute collections in line with collections plan; periodical reviews Area Manager To coordinate for day to day activities & handle escalations Credit team To gain clarity on the credit policy & decide the course of action for loan defaulters External Nature or purpose of interaction Customers To assist them in resolving the issues in loan repayment; provide clarity on loan repayment policy Agencies / Agents To conduct periodic reviews & assist in exception handling Legal Officers To coordinate for filing and executing non - collectable accounts Desired Candidate Profile: Graduate / Post Graduate Min 7 years of Collections experience in handling TW & Auto Loan Ability to work with integrated systems used for tracking & monitoring collections Relocation can be accepted only based on experience in above geography Profiles from NBFC / Banking and Age Max upto 40

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