Deadline
Open Deadline
Location
Greater Delhi Area, 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 IDFC Bank and Capital First. The bank commenced commercial banking operations in 2016 and follows core principles aligned with responsible and customer-focused banking.
Details of the Job/Internship
IDFC FIRST Bank is hiring a Collection Manager – Rural with a minimum of 4 years of experience to join its Operations (Collections) function in Mumbai. The role involves planning, organising, directing, and overseeing collection activities, managing external agencies, and ensuring efficient recovery of EMIs while strictly adhering to the bank’s collection processes and legal guidelines.
Role and Responsibilities
- Manage and undertake collection processes for assigned debt portfolios.
- Regularly track the portfolio for specific buckets in the assigned area.
- Track and control delinquency area-wise, bucket-wise, and DPD-wise, with focus on non-starters.
- Allocate targets to agencies and in-house teams and ensure achievement.
- Regularly follow up with defaulting customers.
- Ensure adherence to collection processes and legal guidelines.
- Trace absconded defaulting customers and initiate recovery processes.
- Recommend legal action for non-recoverable cases and follow up with the legal team for closure.
- Maintain administrative collection data, including delinquent account history and MIS reports, and review collection feedback on a daily, weekly, and monthly basis.
Eligibility
- Graduate – Any.
- Post Graduate – Any.
- Minimum 4 or more 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
Address
Greater Delhi Area, 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.
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.
Stay informed about premier legal opportunities on a daily basis by joining our exclusive WhatsApp channel: https://whatsapp.com/channel/0029VaVAeN7J3jusbby2Ph33
Would you like to apply immediately?
Once you apply, the next steps in the application process will be sent to you via e-mail.
