Job Summary

We are seeking a highly skilled and experienced professional to lead the disposal operations within the South Collections Retail department at Ujjivan Small Finance Bank. This role demands a strategic thinker with a strong background in managing asset recovery and disposal processes in the banking sector. The ideal candidate will be responsible for overseeing the end-to-end disposal of non-performing assets, ensuring compliance with regulatory standards, optimizing recovery rates, and collaborating closely with cross-functional teams to support the bank's financial health and customer service objectives.

This position requires a proactive leader capable of driving process improvements, managing vendor relationships, and maintaining accurate records to support audit and reporting requirements.

Job Type

Full-time

Key Duties and Responsibilities

- Develop and implement comprehensive disposal strategies for non-performing assets within the South Collections Retail portfolio to maximize recovery and minimize losses.
- Coordinate with internal collections teams and external vendors to ensure timely and compliant disposal of assets in accordance with regulatory guidelines and bank policies.
- Monitor and analyze disposal performance metrics, preparing detailed reports for senior management to inform decision-making and strategy adjustments.
- Ensure strict adherence to legal and regulatory requirements related to asset disposal, including documentation, approvals, and audit readiness.
- Lead negotiations with third-party agencies and buyers to secure favorable terms and optimize asset recovery values.
- Collaborate with risk management and compliance teams to identify potential risks in the disposal process and implement mitigation strategies.




- Train and mentor junior team members on disposal procedures, compliance standards, and best practices to build a high-performing team.
- Manage vendor relationships, including selection, performance evaluation, and contract management to ensure service quality and cost-effectiveness.
- Drive continuous process improvements by analyzing disposal workflows and implementing automation or system enhancements where applicable.
- Maintain accurate and up-to-date records of all disposal transactions and related documentation to support internal and external audits.

Minimum Requirements of Knowledge and Skills Educational Qualifications

- Bachelors degree in Finance, Business Administration, or a related field; MBA or relevant postgraduate qualification preferred.
- Minimum of 7 years of experience in asset recovery, disposal management, or collections within the banking or financial services industry.
- Robust knowledge of regulatory frameworks governing asset disposal and recovery in the Indian banking sector.
- Proven track record of managing large-scale disposal operations and achieving recovery targets.
- Excellent negotiation, communication, and stakeholder management skills.
- Experience with banking software and asset management systems.
- Demonstrated leadership capabilities with experience in team management and cross-functional collaboration.

Functional Skills

- Asset Disposal Management
- Non-Performing Asset (NPA) Recovery
- Regulatory Compliance in Banking
- Vendor Management
- Negotiation and Contract Management
- Data Analysis and Reporting
- Risk Assessment and Mitigation
- Process Improvement and Automation
- Team Leadership and Mentoring
- Banking Software Proficiency
- Stakeholder Communication
- Audit and Documentation Management

📌 Disposal Manager- Collection Retail (Bengaluru)
🏢 Ujjivan Small Finance Bank
📍 Bengaluru