area collections manager, pune (recoveries)

Cred; Mumbai; On-site; INR 900,000 - 1,400,000; Full time

Job summary

Cred, powered by prefr (CreditVidya), is seeking an experienced Collections Manager to lead recovery efforts across assigned geographies in India. You will own collection performance, drive strategies, and manage multi-agency partnerships to improve outcomes.

You will coach a 2-5 member team, monitor KPI metrics, ensure RBI compliance, and collaborate with risk, operations, and legal teams to resolve dependencies and meet targets.

Qualifications

• Strong understanding of the regional profile of customers across local districts.
• Experience managing collection agencies.
• Proficient in the local language.
• Knowledge of RBI guidelines for collections.
• Solid understanding of collections metrics and recovery factors.

Responsibilities

• Own collection performance for the assigned geography and buckets.
• Lead and develop a team of 2-5 direct reports.
• Manage 3-6 collection agencies; ensure capacity and adherence to standards.
• Own resolution targets; analyze MIS and metrics; drive corrective actions.
• Ensure RBI guidelines and company policy compliance.
• Collaborate with operations, risk, legal, analytics, and agencies to execute strategies.

Skills

Regional risk profiling

Agency management

Local language proficiency

Code of conduct for collections

Collections business understanding

Collections metrics familiarity

Job description

prefr (operated by CreditVidya) is a digital-first lending platform that makes credit accessible to millions across India. with loan offerings ranging from ₹50,000 to ₹5 Lakh, we're enabling instant personal loans and flexible pay-later credit lines, especially for first-time borrowers and underserved regions. backed by RBI-approved NBFC partnerships, we've built a platform that uses selfie-based KYC, minimal documentation, and AI-powered underwriting to disburse loans within minutes.

what will you do:

• own collection performance for the assigned geography and bucket(s); understand local portfolio characteristics, monitor portfolio movement, and execute collection strategies to drive resolution and recovery outcomes.
• lead, coach, and develop a team of 2-5 direct reports; set clear expectations, review productivity and performance, and drive the team towards collection targets.
• manage 3-6 collection agencies across the assigned geography; ensure adequate capacity, drive productivity and resolution outcomes, and maintain adherence to quality and compliance standards.
• own resolution and recovery targets for the assigned portfolio; analyse MIS and key collection metrics, identify performance gaps, and implement corrective actions to improve outcomes.
• ensure adherence to RBI guidelines, company policies, and the code of conduct for collections; proactively identify and address compliance or process gaps.
• work closely with operations, risk, legal, analytics, and agency management teams to resolve dependencies, improve collection outcomes, and ensure effective execution of collection strategies.

you should apply if you have/are:

• strong understanding of the relevant region/state profile of customers across local districts, including good and challenging pin codes from a risk perspective.
• knowledge of local agencies and demonstrated ability to drive and manage collection agencies.
• proficient in the local language.
• knowledge of the code of conduct for collections and ability to explain its importance.
• strong understanding of the collections business.
• familiar with key collections metrics such as resolution rates, flow rates, bounce rates, ROR for recoveries, and NC/skip ratio, with an understanding of how these metrics impact collection outcomes.