Area Collection Manager Auto Loan Visakhapatnam and Nellore

Area Collection Manager Auto Loan Visakhapatnam and Nellore

30 Jul
|
Talent Leads Consultants
|
Visakhapatnam

30 Jul

Talent Leads Consultants

Visakhapatnam

- Managing the collections through team of COs/DMAs.
- Responsible for the collection’s performance on various collection parameters such as: a. Arrear resolution b. Bucket wise resolutions (Including the Roll forward rates, Loan loss provisioning, and Penal interest collection for the assigned geographical area.)
- Performance review on field – monthly basis and Quarterly performance review of the CO’s of allocated collection targets
- Monthly review (Agency performance, acting against the low performer COs, DMAs (off rolls) & agencies, identifying & suggesting new agencies / DMAs for collection & evaluation & empanelment of these current agencies.
- Ensuring periodic billing & processing of the payouts for the agencies / DMAs as per the approved payout grids.
- Periodic evaluation / correction of the field capacity as per the Avg. Collection Ratio (ACR)
- Ensuring smooth execution of the various strategies/drives planned by HO/RO for day-today collection performance improvement.
- Repo kit requirement, monitoring the repo Stock inventory, compliance to the adhered processes related to repo
- Liquidation of eligible repo assets in coordination with brokers and HO team and collect payment for approved for sale cases

📌 Area Collection Manager Auto Loan Visakhapatnam and Nellore
🏢 Talent Leads Consultants
📍 Visakhapatnam

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