Associate Debt Manager|Recoveries
- Category: Bank Jobs
- Location: Jaipur, Rajasthan
- Job Type: Full Time / Part Time
- Salary: Estimated: $ 21K to 31K
- Published on: 2025/09/21
Job Description
Job Title – Associate Collection Manager- Rural
Place of work – Mumbai
Business Unit - Operations
Function – Collections
Job Purpose:
The role bearer has the responsibility to plan, organize, direct and oversee the activities of the collections department. It also includes managing the agencies associated with the company in their assigned territory. The role bearer is responsible for the efficiency and optimization of retrieving EMI from the customers and ensuring adherence to all the guidelines laid out by the bank contributing to the larger organizational objectives of the bank.
Roles & Responsibilities:
• Responsible for managing and undertaking collections process for debts that have been assigned
• Regularly track the portfolio for specific buckets for the assigned area
• Track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters
• Responsible to allocate and achieve targets from agencies/ in house team
• Regularly follow up with the default customers
• Ensuring adherence to collection process and legal guidelines
• Tracing out absconded default customers and initiate recovery process
• Recommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the cases
• Maintain data for administrative work related to collection such as updating delinquent account history, providing and maintaining MIS report, reviewing of collection feedback on daily ,weekly & monthly basis
Educational Qualifications:
Graduate – Any
Post Graduate – Any
Experience: Minimum of 2 or more years of experience in collections
Related jobs
-
Relationship Manager
Job Description • This position is primarily responsible for developing and maintaining banking relationships with a select group of high net worth customers by providing them exceptional individualized customer service; thereby achieving targeted gr...
-
Virtual Relationship Banking|COP Officer | Jaipur
Group Company: HDFC Bank Limited Designation: Virtual Relationship Banking-COP Officer Position description: Ensuring that customers get world-class services and their needs are understood and met through financial products that the Bank has to offer...
-
Relationship Manager| Wholesale Banking for a Small Finance Bank
Relationship Manager- Wholesale Banking For a Small Finance Bank Location: Ahmedabad, Mumbai, Bangalore, Chennai, Hyderabad, Delhi, Indore, Jaipur, Bhubaneswar, Kolkata, Ludhiana Experience: 6-10 years with at least 4-5 years in Working Capital Produ...