Area Collection Manager

Mahindra Finance; Ghaziabad District; On-site; INR 500,000 - 800,000; Full time

Job summary

Mahindra Finance is seeking a collections and recoveries professional to implement circle-level strategies and drive portfolio performance. The role focuses on achieving target collections, minimizing delinquencies, and ensuring timely contract allocations and repossession processes.

The candidate will monitor contract flow, optimize provisioning, and provide strategic inputs across profiles and geographies while visiting branches monthly to stay aligned with competitive practices.

Responsibilities

• Understand and deploy the organization strategies issued by Circle Head,DV, 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
• To ensure contract allocation completion within 7 days of 1st month of every Quarter
• Ensuring timely repossession, efficient disposal mechanism, stockyard management
• 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 atleast once a month

Job description

1: Job Purpose Statement (Summarise in one/two statements why this job exists and the contribution it makes to the overall business of the company).

• Understand and deploy the organization strategies issued by Circle Head,DV, 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
• To ensure contract allocation completion within 7 days of 1st month of every Quarter
• Ensuring timely repossession, efficient disposal mechanism, stockyard management
• 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 atleast once a month