Deadline
Open Deadline
Location
Chennai, Tamil Nadu, India.
Salary
Compensation details will be finalized during the interview process with the selected candidate.
Details of the Organization
Formed in December 2018 through the merger of IDFC Bank and Capital First, IDFC FIRST Bank commenced commercial banking operations in 2016. The bank focuses on providing a wide range of financial services combining infrastructure finance expertise with retail finance capabilities.
Details of the Job/Internship
IDFC FIRST Bank is hiring a Legal Manager – Debt Management with 1-6 years of experience to join their office in Chennai. The role involves overseeing collections, managing agencies, ensuring adherence to legal and banking guidelines, and contributing to recovery processes.
Role and Responsibilities
- Manage and undertake the collections process for assigned debts.
- Track portfolio performance for specific buckets and areas.
- Control delinquency bucket-wise and DPD-wise, focusing on non-starters.
- Allocate targets to agencies/in-house team and monitor achievement.
- Follow up regularly with default customers.
- Ensure adherence to collection processes and legal guidelines.
- Trace absconded defaulters and initiate recovery actions.
- Recommend legal actions for non-recoverable cases and follow up with the legal team for closure.
- Maintain data for administrative purposes, including delinquent account history and MIS reports.
Eligibility
- Graduate in any discipline.
- Postgraduate (MBA/PGDM) preferred.
- 1-6 years of experience in legal.
Salary/Stipend
Compensation details will be finalized during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
State
Tamil Nadu
Address
Chennai, Tamil Nadu, India.
Application and Registration Details
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