Key Responsibilities:
1 Collections & Recovery Strategy:
- Develop and execute collection strategies for secured and unsecured loans to maximize recovery and minimize delinquency.
- Manage telecalling & field collection teams, ensuring target achievement and adherence to regulatory norms.
- Drive allocation strategies, optimizing resources between telecalling and field operations.
- Ensure adherence to compliance, regulatory guidelines, and fair collection practices.
2 Team Leadership & Management:
- Lead and manage a team of 25+ members, including field coordinators, field collectors, and telecalling agents.
- Ensure structured training & performance management for both telecalling and field collection teams.
- Work closely with Team Leaders to monitor agent performance, provide coaching, and drive overall efficiency.
- Develop an escalation management process for high-risk cases and ensure timely resolution.
3 Process Optimization & Dialer Management:
- Oversee dialer strategy, campaign management, and ensure optimum utilization of calling resources.
- Work in sync with technology and operations teams to enhance automation in collections.
- Define collection scripts & workflows for agents to improve customer engagement and resolution rates.
- Implement skip tracing and advanced collection techniques to improve contactability and recovery.
4 Performance Monitoring & Data Analytics:
- Develop and maintain MIS reports, dashboards, and performance trackers in Excel & data visualization tools.
- Conduct regular review meetings with leadership and clients, presenting data-driven insights.
- Analyze collection trends, delinquency patterns, and suggest proactive corrective measures.
5 Client & Stakeholder Management:
- Serve as the primary point of contact for the client's collections process, managing performance reviews & strategy discussions.
- Liaise with internal teams, including risk, legal, and compliance, to ensure smooth execution of collections strategies.
- Work closely with the National Collections Manager to align collections strategy with overall business objectives.
Key Requirements:
- Minimum 6 years of experience in collections & recovery within the banking/NBFC sector.
- At least 2 years in a managerial role, handling a team size of 25+, including field collectors & telecallers.
- Experience in managing a complete client portfolio, including strategy, execution, and performance reviews.
- Strong understanding of dialer systems, allocation strategies, and collections workflows.
- Hands-on experience in Excel for MIS reports, dashboards, and review files.
- Ability to work in a hybrid collections model (Call Center + Field).
- Strong leadership, team management, and stakeholder communication skills.
- Knowledge of legal & compliance frameworks in debt recovery.
Preferred Qualifications:
- MBA/Graduate in Finance, Business, or related field.
- Experience in handling banking collections processes.
- Exposure to AI-based collection models & digital recovery strategies.