COLLECTION AND RECOVERY MANAGER FOR NBFC BUSINESS - HYDERABAD , TELANGANA
1 Nos.
129557
Full Time
10.0 Year(s) To 15.0 Year(s)
9.00 LPA TO 12.00 LPA
Steel/Metal/Iron/Non-ferrous
B.Com - Commerce; MBA/MMS/MPM/PGDM - Finance
Job Description:
A Collection and Recovery Manager at an NBFC oversees loan repayments, reduces non-performing assets (NPAs), and manages debt recovery strategies. Key responsibilities include leading field/tele-calling teams, monitoring delinquent accounts (DPD), negotiating with defaulters, ensuring compliance with RBI/Fair Practice Codes, and managing legal actions like SARFAESI or 138 cases.
Core Responsibilities:
- Target Achievement: Responsible for achieving bucket-wise collection and recovery targets (1–90+ DPD).
- Team Leadership: Managing a team of internal staff and third-party agencies for field and tele-collections.
- Delinquency Management: Reducing the flow rate to higher buckets and controlling NPAs.
- Legal Compliance: Ensuring all collection actions comply with regulatory guidelines and ethical standards.
- Negotiation & Resolution: Handling customer complaints, negotiating settlements, and facilitating repayments.
- Vendor Management: Managing external recovery agents to enhance productivity.
Key Requirements:
- Experience: 10+ years in NBFC/Banking collections (Retail/Unsecured loans preferred).
- Skills: Strong negotiation, team management, and analytical skills.
- Qualification: Bachelor's degree in Finance or related field.
- Technical Skills: Proficiency in CRM tools, MS Office (Excel), and MIS reporting.
Key Performance Indicators (KPIs):
- Reduction in Gross NPA %.
- Bucket-wise Resolution %.
- Reduction in Cost of Collections.
- Field/Tele-caller Efficiency %.
JOB APPLY
http://jobs.vinayakjob.com
CONTACT DETAILS -
Name - ANJALI
Number - 95034 51559
Company Profile
the leading Ferro Alloys manufacturing industry. We are in the process to undertake the opportunity in the --- Sector --- are planning to set up 120 MW merchant --- Plant in the state of Chhatisgarh very soon
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