Immediate Hiring for STATE HEAD COLLECTIONS-TWO WHEELER Loan with Reputed NBFC (A Division of a group Company) @Hyderabad ,BANGALORE & PUNE

Department : TWO WHEELER LOAN Collections.

Grade :M7 to M9

Range:STATE HEAD-Collections

Reports To :Product/Zonal Head

Purpose of Role: Source high quality business adhering to Organizational Processes & Policies

Job Role:

- Manpower planning for the state
- Regularly track the portfolio for specific buckets for the assigned pool/area
- Handle collections for the assigned area and achieve collection targets on various parameters like resolution, flows, net off, credit cost/ reversal and roll rates & repo of assets
- Ensure strict adherence to repo process note & timely distribution of repo pool to the vendors.
- Proper allocation of contracts to the team at the start of the month
- Regular interactions with the targeted high POS customers
- Trace out absconded default customers and initiate recovery process
- Maintain data for administrative work related to collection such as updating delinquent account history, providing and maintaining MIS report, reviewing of collection feedback on daily, weekly & monthly basis
- Analyse the data, trends & come out with quick action plans
- Collaboration with other verticals in Sales & Collections to assess and mitigate the immediate challenges.
- Maintain customer relationship by providing prompt service in terms of providing Interest certificate, TDS reconciliation & NOC.
- Continuously provide training and upskilling opportunities for the team.

Responsibilities:

- Manage an overall team size of 40-50
- Identify & plan training activities for the team
- Due diligence check in settlement of chronic NPA cases
- Track of legal actions for resolution. Recommend for legal actions for non-recoverable cases and liason with the legal team for the closure of the cases.




- Drive NPA reduction through repo/ collection agencies & legal vendors.
- Track & reduce the NPA of the state, Bucket-wise & DPD wise and focus on non-starters and ensure roll back/stabilize.
- Compliance to regulatory and company guidelines in terms of collecting cash, NOC, depositing cheques, accounting collections, CDT (cash direct transfer) etc.
- Daily review of the team so that they achieve weekly milestone & monthly target
- Specific focus on straight flow cases
- Monitor the product wise sourcing qualities and give feedback to the Credit, Sales & Vertical Head

Functional & Behavioral Competency Required:

- Leadership - Should be able to inspire, guide, influence the team. Also, help them grow within the Organization.
- Proactive Approach - Anticipating needs, identifying opportunities, and taking initiative to address issues or implement improvements before they arise.
- Legal Tool Awareness - Should have understanding & knowledge of the legal concepts, sections in line with the product and role.
- Critical Thinking - To deep dive, analyze, evaluate information to come up with reasonable decision making.
- Team Handling - Should be able to manage a team working towards a common objective & collective success.
- Compliance Rigor - Strict adherence to the Organizations processes, policies and set standards

Educational Qualifications & Required Experience:

- Graduation (Mandatory)/ MBA/Post Graduation (Preferred)
- Minimum 12+ years relevant experience in NBFC/Bank (Preferred)
- Knowledge of legal tools such as Sec 9, Sec 138 & Sec 17 etc.
- Expert in notices and pre and post repo process documentation.
- Should have experience in Sale of repo assets and NPA management.

Interested candidates please share an updated CV on [email protected] or can share through whatsapp-(phone hidden).

REFERENCES ARE HIGHLY APPRECIATED.

📌 STATE HEAD Collections TWO Wheeler-Hyderabad ,Bangalore,& Pune (Telangana)
🏢 Tminputs And Services
📍 Telangana