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 office in Delhi.

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 of the area, bucket-wise and DPD-wise, focusing on non-starters.
• Allocate targets and ensure achievement through 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 follow up with the legal team for closure.
• Maintain data for administrative work related to collections, such as updating delinquent account history, maintaining MIS reports, and reviewing collection feedback on a daily, weekly, and monthly basis.

Eligibility

• Graduate – Any.
• Post Graduate – Any.
• 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

Delhi

Address

Delhi, India.

Application and Registration Details

Once you apply, the next steps in the application process will be sent to you via e-mail.

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Contact: [email protected]

We are solely providing this information for dissemination and wish to clarify that we are not affiliated with the organization.