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
IDFC FIRST Bank was formed in December 2018 through the merger of infrastructure finance giant IDFC Bank and retail finance specialist Capital First. The bank commenced commercial banking operations in 2016.
Details of the Job/Internship
IDFC FIRST Bank is hiring a Legal Manager – Debt Management for their Chennai office.
Role and 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 area-wise, bucket-wise, and DPD-wise with a focus on non-starters.
- Allocate and achieve targets from agencies or in-house teams.
- Follow up regularly with default customers.
- Ensure adherence to collection processes and legal guidelines.
- Trace absconding default customers and initiate recovery processes.
- Recommend legal action for non-recoverable cases and follow up with the legal team for closure.
- Maintain data for administrative work related to collections, update delinquent account history, prepare and maintain MIS reports, and review collection feedback on a daily, weekly, and monthly basis.
Eligibility
Graduate in any discipline. Postgraduate degree such as MBA or PGDM preferred. Minimum of 1–6 years of experience in legal roles.
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
After you submit your application, you will receive the next steps in the process via email. Please follow the instructions provided to complete your application.
Incase you find any issue with the application process, please contact: [email protected]
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Would you like to apply immediately?
Once you apply, the next steps in the application process will be sent to you via e-mail.
