We are looking for a Collection Team leader to oversee a team responsible for recovering outstanding payments, achieving monthly targets, ensuring regulatory compliance, and maintaining strong customer relations. This role blends leadership, strategy, and hands-on recovery operations.
Key Responsibilities
- Target Achievement & Strategy
- Drive B2C collections to meet / exceed monthly recovery goals; analyze performance metrics (e.g., Collection Efficiency, bucket resolution) and execute correct actions
- Develop effective collection strategies for different account segments.
- Team Leadership & Coaching
- Lead and mentor collection agents; conduct 1 : 1s, team meetings, performance reviews and training sessions.
- Monitor attrition and shrinkage; implement retention and contingency plans.
- Customer Accounts & Recovery
- Manage escalations, sensitive cases, and high-risk accounts, including negotiation of payment plans and settlements
- Reporting & Analytics
- Track KPIs : calls made, aging buckets, attrition / shrinkage rates, customer satisfaction.
- Deliver regular operational reports, root cause analyses, and improvement plans.
- Compliance, Audit & Documentation
- Ensure full adherence to internal policies, legal / regulatory frameworks, and audit standards.
- Process & Operational Excellence
- Identify and implement process improvements, new tools or technologies to enhance efficiency and reduce costs.
- Share knowledge and best practices with cross-functional teams.
Required Skills & Competencies
Functional
3-4 years in a collection role, minimum 1-2 years in leadership.Strong negotiation, communication, and conflict-resolution abilities .Resilience under pressure; manages ambiguity in complex / dynamic environments.Qualifications
Bachelors degree in business, finance, or related field preferred; equivalent experience may qualify .Key Performance Metrics
Monthly & cumulative collections vs targets.Reduction in delinquency agingTeam attrition and shrinkage control.Compliance and call-quality audit scores.Customer satisfaction and dispute resolution rates.Skills Required
Negotiation, Regulatory Compliance, Process Improvements