Agency Manager- Vf

Ujjivan Small Finance Bank Ltd.; Tumakuru; On-site; INR 600,000 - 900,000; Full time

Job summary

Ujjivan Small Finance Bank Ltd. in India seeks an Agency Manager-Collections Vehicle Finance to lead end-to-end vendor management for vehicle finance collections. You will oversee agency teams, ensure timely recoveries, and coordinate with internal departments for effective portfolio handling.

The role covers a portfolio across DPD buckets, NPA and write-off accounts, with emphasis on manning, allocation, daily cash handling, and audit compliance as per company norms.

Qualifications

• Graduate with PGDM/MBA from a Tier 2/3 college preferred.
• Field experience handling a team in Collections for more than 1 year.
• Fluent in communicating local language.
• Strong execution and target-driven mindset.

Responsibilities

• Manage entire collection agencies operation.
• Onboard new agencies as per area portfolio.
• Plan allocation and distribution of portfolio with strong execution.
• Ensure recovery targets across all buckets.
• Drive settlements and repossession of vehicles.
• Oversee compliance, SLA adherence, and process reviews.

Skills

Team management

Local language communication

Execution excellence

Target achievement

Planning & time management

Education

Graduate, PGDM/MBA from Tier 2/3 college

Job description

• POSITION DESCRIPTION
  

JOB TITLE : Agency Manager-Collections Vehicle Finance
GRADE : DM-II
DEPARTMENT : Collections
LOCATION : Cluster / Branch
SUB-DEPARTMENT : Vehicle Finance
TYPE OF POSITION : Full-time
REPORTS TO : Area Collection manager
REPORTING INTO
NA

• ROLE PURPOSE & OBJECTIVE

• This role is vital as it is end to end vendor management, agency shall be handling, Portfolio across DPD buckets, NPA & Write-off accounts, key area consists of agency man power handling, proper allocation, daily recovery & audit management as per company norms
• Managing recovery through the set of agency team, coordinating between agency and company, sharing necessary details to agency, daily cash handling & ensure timely payout release
• SIZE OF THE ROLE

FINANCIAL SIZE
NON-FINANCIAL SIZE

• Portfolio Managed – 3k accounts with 60 cr. portfolio
• Number of vendors/ consultants – one or more as per the area allotted
• Number of portfolio products – Micro Banking, Vehicle Finance & Personal Loan
• KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business/ Financials (Only Relevant roles)

• Planning & Strategy
• Responsible of handling entire collection agencies operation
• Onboarding of new agencies as per area portfolio in delinquency
• Planning of allocation and proper distribution of portfolio with strong execution
• Ensure the recovery targets are met across all buckets.
• Driving collections of interest, bounce charges & other charges
• Maintaining of account wise strong feedback mechanism
• Drive collection strategy as per the portfolio and area understanding.
• Driving settlements & repossession of vehicles as per targets.
• Budgeting
• To work on increasing the productivity
• Need to work on cost to recovery ratio and ensure cost low at anytime
• Manpower Planning & Sales Planning
• Proper manpower planning as per portfolio in the given area
• Plan agency/team wise targets to achieve the monthly targets
• Core Function Areas of Responsibility(AORs)
• Ensure proper allocation for agency teams and drive for productivity
• Ensure regular field visits along with the agency teams for better control
• Provide all necessary legal action support to agency to perform better
• Ensure collection software utilization if any at the fullest extent

Customer (Both Internal & External)

• Customer centric AORs
• Regular contacts with customers on daily basis and also ensure skip tracing for prevention of loss
• Ensure and maintain fair collection practice from agency staffs
• Stakeholders interactions
• Coordination with IT, Business, credit, vigilance, operations and collection back end teams

Internal Process

• Compliance to SLA/Policies/Processes
• Responsible and adhere to onboarding process as defined by the company
• Periodic agency review and submit the report to seniors
• Ensure Renewal of agreement & all other regulatory aspects regularly
• Process Management/ Process Excellence
• Ensure in adhering the fair practice code of conduct
• To ensure and complete all the necessary process on monthly basis as defined

Innovation & Learning

• People Management
• Ensure required manpower is deployed time to time in agency
• To ensure all the agency staffs are DRA certified within the stipulated time
• Ensure agency and teams are attending all other trainings as arranged by the company on regular basis
• MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational
Qualifications

• Graduate, PGDM/ MBA from a Tier 2 or 3 college preferred

Experience

• Field experience handling a team in Collections at least for >1 year

Certifications

• Not required

Functional Skills

• Team management
• Fluent in communicating local language
• Need the team to drive by examples through regular field visits & needs strong executions of strategies
• Possess tenacity in meeting targets.
• Take responsibility of effectiveness and timely completion of work.
• Planning, organizing and time management skill. Should have the ability to prioritize.

Behavioral Skills

• Strong communication skills with the ability to communicate directly with field staff & customers.
• Local language skills will be preferred
• KEY INTERACTIONS

INTERNAL
EXTERNAL
Business Team
Collections & repossession agencies
Vigilance Managers
Customer & family members
Branch Manager and Staffs
Third party Agents
Tele callers & Back hand credit collection team
Police personnel.
Operations Manager
Legal Manager
PREPARED BY
DATE
REVIEWED BY: Collection Team
DATE: 03-06-2024
LAST UPDATED BY: TM Team
DATE: 02-02-2024