ABHFL - Area Collections Manager - Front End - Noida

ABC - Aditya Birla Housing Finance Limited; Uttar Pradesh; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

ABC - Aditya Birla Housing Finance Limited in Uttar Pradesh seeks a seasoned collections leader to drive targets, monitor delinquency and minimize losses across the area. You will manage headcount, coordinate with vendors, and ensure compliant, timely recoveries.

You will develop MIS, share insights with Sales, Risk and Policy teams, and mentor the collections team through training and performance coaching to build a high-performing, compliant operation.

Qualifications

• Experience in collections operations and recoveries in financial services.
• Strong understanding of regulatory requirements.
• Ability to lead teams and manage vendor partnerships.
• Experience in building MIS and portfolio analysis.

Responsibilities

• Achieve collections targets and financial goals for the area.
• Monitor and control delinquency and minimize credit losses.
• Drive higher resolution rates and optimize recoveries.
• Manage headcount and location-wise staffing.
• Oversee vendor management and performance of external agencies.
• Ensure compliance and audit readiness in collections processes.
• Coordinate with Legal for escalated cases.
• Provide coaching and training to the collections team.

Skills

Delinquency management

Vendor management

Regulatory/compliance knowledge

People leadership

MIS reporting

Stakeholder communication

Job description

Key Result Areas

Supporting Actions

Achieve collections targets and financial goals for the area

• Monitor and Control delinquency and minimize credit losses for portfolio
• Drive higher resolution rates.
• Ensuring adequate headcount availability location-wise / bucket-wise / segment-wise.
• Ensure Charge offs are minimized and higher recoveries from charge-off accounts.
• Review, maintain control and minimize the cost incurred towards collections of dues.
• Daily monitoring and regular reviews of delinquent portfolio to make account level

Portfolio review and monitoring

• Monitor customer accounts across the region, identifying and flagging likely cases of default or delayed payment
• Work with non-performing defaulting borrowers to create optimum recovery solutions
• Developing various MISs to show different cuts and trends in the portfolio which can lead to necessary corrective action by collections team to enhance their performance and shows area of improvement.
• Provide regular inputs to Management and all the other stakeholders such as Sales, Risk, Policy Team on various aspects of collections resolution and delinquency trends, Negative Areas, Negative Profile, Non-Starters, SKIPs, Fraud Cases, etc.

Vendor Management

• Liaise with agencies to drive collections processes efficiently.
• Oversee selection processes for externa agencies
• Continuously monitor agency performance
• Exercise adequate control on agencies to ensure collection of overdue debts in a timely manner

Compliance and audit

• Ensure that all documentation related to the collections process is maintained in accordance with internal norms and regulatory requirements
• Respond to customer complaints regarding the collections process, taking steps to ensure a satisfactory outcome for both ABFL as well as its customers
• Plan and implement periodic audits of the collections teams, ensuring their compliance with all relevant policies and regulations

Customer escalations and complaints

• Coordinate with the legal team and senior management in the event of escalated cases to ensure compliance with relevant regulations

People Management

• Provide oversight and be a coach and mentor for the team
• Ensure regular functional & behavioral trainings of team members in collaboration with HR
• Participate in relevant talent management and people development activities to ensure a healthy pipeline and an engaged team