This role sits at the intersection of collections and asset monetization, responsible for driving recoveries from hard bucket accounts (90+ DPD) and ensuring effective resale of repossessed vehicles through self-sourced channels. The role demands a strong field mindset, negotiation skills, and the ability to convert repossessed inventory into realized cash flows quickly.
Key Responsibilities
Hard Bucket Collections (Primary)
- Manage 90+ DPD delinquent accounts
- Drive resolution through follow-ups, settlements, and repossession
- Ensure monthly recovery targets are met
Repossession & Coordination
- Execute vehicle repossession in coordination with internal teams
- Ensure proper documentation, compliance, and asset tracking
- Maintain control over yard inventory
- Build and manage a network of buyers (dealers, brokers, aggregators)
- Reduce dependency on auctions through direct liquidation
- Negotiate pricing to maximize recovery value
Inventory & Liquidation Management
- Monitor repo inventory ageing and movement
- Ensure faster turnaround and minimal holding cost
- Track realization vs expected value
- Market Intelligence
- Stay updated on used vehicle pricing trends (especially 3W/CV/EV segment)
- Provide inputs on resale value and liquidation strategies
Qualifications
- Experience:
3–6 years in collections / repo resale / CV financing
Product Exposure:
- Commercial Vehicles (mandatory)
- Exposure to 3W / EV financing preferre