Area Collection Manager - Consumer Finance
ConfidentialVadodara10 days ago
Job descriptionExecute 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 8+-years of experience in handling collections Ability to work with integrated systems used for tracking & monitoring collections Operational execution Relationship Management (critical for retaining key customers) Strong communication and interpersonal skills Problem Solving & decision making skills
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 :
Experience :
Functional Competencies :
Behavioral Competencies :
Skills Required
Decision Making, Interpersonal Skills, operational execution
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Manager Finance • Vadodara
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