Details of the Organization

Formed in December 2018 through the merger of infrastructure finance giant IDFC Bank and retail finance specialist Capital First, IDFC FIRST Bank commenced commercial banking operations in 2016.

Details of the Job/Internship

IDFC FIRST Bank is hiring a Legal Manager – Debt Management with a minimum of 4 years of experience to join their Delhi office.

Role and Responsibilities

• Manage and undertake the collections process for assigned debts.
• Regularly track the portfolio for specific buckets in the assigned area.
• Monitor and control delinquency, 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 absconded default customers and initiate the recovery process.
• Recommend legal actions for non-recoverable cases and coordinate with the legal team.
• Maintain administrative data including delinquent account history, MIS reports, and daily, weekly, and monthly collection feedback reviews.

Eligibility

• Graduate – Any discipline.
• Postgraduate – Any discipline.
• Minimum of 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

Delhi

Address

Delhi, 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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