Associate, Collection Specialist, Risk Management Group-(WD77426)
Business Function
Risk Management Group works closely with our business partners to manage the bank’s risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure
Job Purpose
- To maintain the bucket balances and reduce NPA on the bank’s book
- Ensuring that effective tools are applied to recovery losses
- Ensuring all the data requirements are managed well for any inputs needed for analytics , legal inputs, etc.
Key Accountabilities
Managing Front-end Collection for Personal LoansTele-collections include Pre & post delinquencyMonitoring day in day out tele-collections w.r.t to dialer campaigns, Tele- caller productivityTracking of daily Tele-caller & Field collector productivity by maximizing payment recoveries from Delinquent accountsSample Call monitoring of calls made by Tele-callers & give feedback to DCA staff on further Work with Debt Collection Agencies & Branches to deliver on Target performance in Pre-charge off as well as Post-Charge off bucketsTrack Debt Collection Agencies (DCA) performance on a daily & monthly basis against MTD target v / s achievement & issuing performance letters monthlyReconciliation of payments collected along with receipts on a daily basis, to check for any fraud / siphoning of funds by DCA staffPerform Audit on DCA by conducting site-visits on a semi-annual basis; Perform Annual review on the Agencies i.e. Financial & reputations; information security & control; on-site review results, service level & yearly performance.Execution of legal remedies like sec.138,arbitration, Lok Adalat, SARFAESI Act etc on defaulting customers for recovery of outstanding.Visiting Branches, Customers & DCA’s for to drive collections & ensure assigned targets are achieved.Follow-up with customers of retail products to walk into the branches and make payments toward their overdues.Managing data & MIS’s as per the requirement.Job Duties & responsibilities
Conducting the On-Boarding of shortlisted Debt Collection Agencies(DCA) as per the ORR processEnsure the DCA complies with Bank’s Outsourcing requirementReview & investigates customer complaints on DCAReview customer’s settlement proposal when raised by the DCAPerform Controlled Self-Assessment on the DCA on a month on month basisCapacity planning for DCA’s from time to timeCheck on timely account allocation to the DCATracking of daily Tele-caller & Field collector productivity by maximizing payment recoveries from Delinquent accountsSample Call monitoring of calls made by Tele-callers & give feedback to DCA staff on further improvement. Knowledge of managing dialers in the past would be an added advantageChecking of Invoices raised by DCA and tracking for timely payment to DCA’sAny other responsibility assigned to him / her from time to time by the SupervisorAdditional Responsibilities
Working on implementation of Collection Management system for India Consumer businessUAT Testing of various modules of Collection Management system(CMS)Testing of mobility solution & Agency Management module as part of the CMS implementationLiasoning with local & regional technology team for timely delivery of various Collection system moduleActing as a back-up to system administrator for CMSPreparing training document for Collection Management systemRequired Experience
At least 8 years of experience in Retail Collection( Experience in Personal loan collections is a must)Education / Preferred Qualifications
Graduate / Post Graduate along with sound domain knowledge in Retail CollectionsCore Competencies
Good analytical skillsGood presentation & negotiation skillsGood interpersonal skillsGood knowledge of the industryAbility to manage a TeamAcumen to manage Collection agenciesUnderstanding and experience in legal actions like, Sarfaesi, Sec-138, DRT Proceedings and Civil Suits.Technical Competencies
Sound knowledge of policies / lending frameworks followed for retail productsGood knowledge of Collection tools & techniquesSound understanding of regulatory guidelines on Collections issued by RBI and regulations that impact retail businesses in general.Knowledge of various Asset products and risks associated with themKnowledge of processes related to Sec-138, DRT Proceedings and Civil Suits.Work Relationship
Interactions within Collection teamInteractions with all the stakeholders within & outside the bank.DBS India - Culture & Behaviors
Drive performance through Value Based PropositionsBuild pride and passion to protect, maintain and enhance DBS’ image and reputation.Enhance knowledge base, build skill sets & develop competencies.Invest in team building & motivation through ideation & innovation.Execute at speed while maintaining error free operations.Develop a passion for performance and grow the talent pool.Maintain the highest standards of honesty and integrityPrimary Location
: India-Maharashtra-Regional Office Mumbai
Job
: Operations
Schedule
: Regular
Employee Status
: Full-time : Job Posting
: Sep 22, 2025, 4 : 30 : 00 AM