Role: Area Collection Manager - PV Collections

Location - Rudrapur

Job Purpose/Position Summary Job Purpose/Position Summary

- Understand and deploy the organization strategies issued by Circle Head/DM, as per management directives
- Responsible for meeting target collections and recoveries
- Ensuring productivity on a continual mode
- Ensuring recoveries with minimum delinquency
- Ensuring portfolio quality in line with organizational objectives
- Ensuring minimal conversions of Soft repayment to field collection
- Ensuring maximum provisioning reversal
- To monitor, measure and restrict forward flow of contracts
- Ensuring timely repossession, efficient disposal mechanism, stockyard management- if part of the higher bucket
- Providing inputs to Divisional Head on business, basis collection comforts on profiles, models, geographies.
- To be abreast with competition practices
- To visit all branches in the circle at least once a month

Job Responsibilities
- Strategy formulation and implementation:

- To achieve goals set by organization in terms of collection efficiency, provision reversals, etc.
- To keep the team motivated at all times
- To develop liaison with alternative channels Authorities, Influential Personalities, Prominent Lawyers etc. so as to be able to handle contingencies and facilitate efficacious functioning of the recovery department , in line with companys rules and regulations
- Maintain an effective review mechanism to monitor results




- Educating executives on increasing collection effectiveness through field collection, repossessions, guarantors etc.
- Ensuring and leveraging productivity of executives right from inception

2. Budget & Profitability:
- To monitor , drive and review the field force towards achieving the budgeted recovery
- Ensure effective recovery of debt and NPA management
- Drive Profitability & Ensure Portfolio Quality Maintenance
- Timely repossession to ensure minimal disposal losses, as per management norms

3. Product & Process related:
- To understand reports and review team basis of reports and data
- Identifying factors which can improve collection output
- Identify non-performers and report to Divisional Head
- Devise and develop process & procedures aimed at reducing cost of collections
- Ensure audit compliance and rating parameters are met

4. HR & People management:
- Provide guidance to teams to maintain an setting that encourages participation, teamwork
- Provide training support and content for functional and behavioral training of vertical field executives and managers for their development and retention
- Improving engagement of department
- To co-ordinate with the Accounts, Legal, Operations, H.R. and all other Functions for inputs and related functional support

5. Customer related:
- Addressing customer concerns, pertaining to collections

📌 Area Collection Manager - PV Collection (Haldwani)
🏢 Mahindra Finance
📍 Haldwani