phenom
Associate Debt Manager-Flows-Rural Assets
IDFC FIRST Bank
Madhya Pradesh, IND
Full-time
Entry · 2+ years experience
Onsite
Discovered 1 weeks ago
Free
Job Fit Check
Base Career helps you apply smarter for this job.
?%
Ready to ScanRole Overview
The Associate Collection Manager – Rural Assets is responsible for planning, organizing, directing, and overseeing the activities of the collections department. This includes managing inhouse executives/agencies associated with the company in their assigned territory. The role focuses on optimizing the efficiency of EMI recovery from customers while ensuring adherence to all bank guidelines. The role contributes to the broader organizational objectives of the bank. Native/Locals preferred due to geographical knowledge
Full Job Posting
About the Role
The Associate Collection Manager – Rural Assets is responsible for planning, organizing, directing, and overseeing the activities of the collections department. This includes managing inhouse executives/agencies associated with the company in their assigned territory. The role focuses on optimizing the efficiency of EMI recovery from customers while ensuring adherence to all bank guidelines. The role contributes to the broader organizational objectives of the bank. Native/Locals preferred due to geographical knowledge
Primary Responsibilities
- Manage and undertake the collections process for assigned debts.
- Regularly track the portfolio for specific buckets in the assigned area.
- Track and control delinquency of the area, bucket-wise and DPD-wise, with a focus on non-starters.
- Allocate and achieve targets from agencies and in-house teams.
- Follow up regularly with defaulting customers.
- Ensure adherence to collection processes and legal guidelines.
- Trace absconded default customers and initiate recovery processes.
- Recommend legal actions for non-recoverable cases and follow up with the legal team for case closures.
- Maintain administrative data related to collections, including updating delinquent account history, maintaining MIS reports, and reviewing collection feedback on a daily, weekly, and monthly basis.
Secondary Responsibilities
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at IDFC FIRST Bank
Business Analyst
Mumbai, IND
EntryFull-time
IDFC FIRST Bank is seeking an analyst for its Data and Analytics function to support Retail Liabilities, Customer Experience, and Operations. The role includes analytical models, dashboards, campaigns, automation, docume
Discovered TodayView →
Analyst - Central Due Diligence
Thāne, IND
JuniorFull-time
IDFC FIRST Bank is seeking an Account Monitoring Analyst for its Central Enhanced Due Diligence team. The role monitors suspicious account activity, investigates transaction patterns, prepares decision-support narratives
Discovered 4 days agoView →
Vault Custodian & Teller Authorizer - Cash Processing Center
Bengaluru, IND
MidFull-time
Discovered 6 days agoView →
Manager-Digital Projects & Partnerships
Mumbai, IND
Discovered TodayFull-time
Business Analyst
Mumbai, IND
Discovered TodayFull-time
Analyst - Central Due Diligence
Thāne, IND
Discovered 4 days agoFull-time
Area Head - JLG
, IND
Discovered 6 days agoFull-time
Senior Relationship Manager
Amritsar, IND
Discovered 6 days agoFull-time
Sales Manager- Gold Loan (Direct)
Secunderabad, IND
Discovered 6 days agoFull-time
Vault Custodian & Teller Authorizer - Cash Processing Center
Bengaluru, IND
Discovered 6 days agoFull-time
Branch Operations & Service Manager
Indore, IND
Discovered 6 days agoFull-time