We are seeking a result-oriented Area Collection Manager to lead and manage collections for our Commercial Vehicle Loan portfolio across assigned regions. The role involves overseeing field collections, ensuring portfolio health, and driving recovery performance.
Key Responsibilities:
- Manage and monitor collections for CV loan accounts in the assigned area
- Lead a team of field executives and collection agencies
- Ensure timely follow-ups and recovery of overdue accounts
- Handle high-ticket delinquent accounts and settlements
- Coordinate with legal teams for repossession and litigation, when necessary
- Analyze collection trends and implement corrective actions
Key Skills:
- Solid knowledge of Commercial Vehicle loan collections
- People management and team leadership
- Proficiency in skip tracing, repossession, and recovery strategies
- Working knowledge of legal processes (SARFAESI, arbitration, etc.)
- Good communication, negotiation, and analytical skills
- Familiarity with collection MIS and tracking tools