Details of the Organization
IDFC FIRST Bank is a leading financial institution committed to delivering customer-centric banking solutions. The bank focuses on innovation, efficiency, and ethical practices to achieve organizational objectives while ensuring compliance and operational excellence.
Details of the Job/Internship
IDFC FIRST Bank is hiring a Legal Manager - Debt Management with a minimum of 4 years of experience in collections to join their office in Bhopal. The role involves planning, organizing, and overseeing collection activities, managing associated agencies, and ensuring efficient debt recovery in adherence to bank guidelines.
Role and Responsibilities
- Manage and undertake the collections process for assigned debts.
- Track portfolio performance for specific buckets in the assigned area.
- Control delinquency levels and focus on non-starter accounts.
- Allocate and achieve targets from agencies or in-house teams.
- Follow up regularly with defaulting customers.
- Ensure adherence to collection processes and legal guidelines.
- Trace absconding defaulters and initiate recovery actions.
- Recommend and coordinate legal actions for non-recoverable cases.
- Maintain and update data, delinquent account history, and MIS reports.
Eligibility
- Graduate or Postgraduate in any discipline.
- Minimum 4 years of experience in collections.
Salary/Stipend
Compensation details will be finalized during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
State
Madhya Pradesh
Address
Bhopal, Madhya Pradesh, India.
Application and Registration Details
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