Job Purpose To manage the collections process for a set of delinquent accounts within a location, working with nonperforming defaulting borrowers to create optimum recovery solutions, ensuring compliance with all internal policies and relevant regulations.

Dimensions

Other Quantitative and Important Parameters for the job

- Achievement of month ECL /NCL Resolution Targets
- Delivery of ECL numbers, which gets prepared by the Strategy Team
- High focus on Cost metrics and CoA s.

Job Context

Organization Context Aditya Birla Fice Limited ("ABFL") is a lending subsidiary of Aditya Birla Capital Limited. ABFL is registered with RBI as a Systematically Significant NonDeposit accepting NonBanking Fice Company (NBFC). ABFL is one of the top private diversified NBFCs in India. As of 31Dec 20, ABFL has a panIndia presence with 91 branches and a lending book of 560 Crores.

ABFL offers endtoend lending solutions to a diverse set of customers Retail, HNI, MSMEs, and Mid Large Corporates through secured as well as unsecured loan products. The diverse range of lending products includes Retail Small Ticket Secured and Unsecured Loans, Unsecured Personal Loans, Unsecured Business Loans, Health Education Loans, Digital B2B2C and B2B2B Small Ticket Loans, Small Business Secured Loans, Loans Against Property (LAP), Lease Rental Discounting (LRD), Construction Fice (to Real Estate Developers), SME Loans, Capital Markets Loans (Loan Against Shares), Supply Chain Fice, Mid and Large Corporate Loans, and Infrastructure Fice loans.



ABFL also has a Wealth Management division.

ABFL is rated AAA by India Ratings, ICRA and CARE (reaffirmed in 2020). ABFL secured the ABG Business Excellence Award in 2017 (Silver), and 2015 (Bronze), and multiple other Awards on forums like CII

Job Context

Collections function carries out monitoring of client wise exposure and portfolio exposure to identify early warning signals of stress and to minimize NPAs. This monitoring is done by dedicated teams who specialize in managing delinquent customers who have come under ficial stress due to unfavourable market events / changes in business patterns and as well as from those customers who have intentionally stopped payment of dues with malafide intentions. It also carries out overdue loan recovery from defaulting clients.

Key Result Areas

Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4 7 key result areas)

- Achieve collections targets
- Minimize credit losses for portfolio
- Drive higher resolution rates.
- Daily monitoring and regular reviews of delinquent portfolio
- Work with nonperforming defaulting borrowers to create optimum recovery

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Area Collection Manager - SME Retail (Bengaluru)
🏢 Aditya Birla Insulators
📍 Bengaluru