01 Oct
|
Seeds Fincap
|
Gurugram
01 Oct
Seeds Fincap
Gurugram
Key Responsibilities
- Team Leadership & Management:
- Create, train, mentor, and motivate a team of collections executives/officers,
providing explicit objectives and performance targets.
- Conduct regular performance reviews, identify training needs, and foster a high-
performance culture within the team.
- Provide guidance and support to the team on complex collection cases, legal procedures, and negotiation strategies.
- Monitor team productivity, ensure adherence to processes, and implement measures to improve efficiency and success rates.
- Legal Collections Strategy & Execution:
- Develop, implement, and refine legal collections strategies for various loan products
(e.g., retail loans, business loans, secured/unsecured loans) to maximize recovery rates and minimize losses.
- Oversee and manage all legal actions related to debt recovery, including but not limited to:
o Negotiable Instruments Act (NI Act), particularly Section 138 (Cheque
Bounce cases): Initiation, tracking, and follow-up of criminal proceedings.
o SARFAESI Act (Securitisation and Reconstruction of Financial Assets and
Enforcement of Security Interest Act): Handling secured asset repossessions,
auctions, and legal compliances.
o Debt Recovery Tribunal (DRT) and Civil Suits: Filing and managing cases for larger defaults.
o Insolvency and Bankruptcy Code (IBC): Understanding and navigating the insolvency process for corporate and individual debtors.
o Arbitration & Conciliation Act: Managing arbitration proceedings for recovery.
📌 Collection Manager (Gurugram)
🏢 Seeds Fincap
📍 Gurugram