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 is a financial institution offering a wide range of banking and financial services across India.
Details of the Job/Internship
IDFC FIRST Bank is hiring a Legal Manager – Debt Management within the Collections function for its Chennai office. The role involves overseeing and managing the collections process for assigned debt portfolios and coordinating with associated agencies to ensure effective recovery.
Role and Responsibilities
- Manage and oversee the collections process for assigned debt accounts.
- Track portfolio performance for specific buckets in the assigned area.
- Monitor and control bucket-wise and DPD-wise delinquency with focus on non-starters.
- Allocate targets to agencies and in-house teams and ensure achievement.
- Follow up with defaulting customers.
- Ensure adherence to collection processes and legal guidelines.
- Trace absconding default customers and initiate recovery procedures.
- Recommend legal action for non-recoverable cases and coordinate with the legal team for closure.
- Maintain administrative records including delinquent account histories and MIS reports, and review collection feedback on a daily, weekly, and monthly basis.
Eligibility
- Graduate in any discipline.
- Postgraduate qualifications such as MBA or PGDM preferred.
- 1–6 years of experience in legal work.
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
We are solely providing this information for dissemination and wish to clarify that we are not affiliated with the organization.
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