Area Debt Manager-Flows-Rural Assets

Idfc First Bank Limited; Gujarat; Presencial; INR 900.000 - 1.500.000; Jornada completa

Descripción de la vacante

Idfc First Bank Limited is seeking an Area Debt Manager – Flows – Rural Assets to lead a team and coordinate recovery activities across a territory. The role includes end-to-end collection responsibility, collaboration with the legal team, and shaping recovery strategies to meet budget targets.

The candidate will oversee agencies and in-house teams, monitor delinquency metrics, and drive collection efficiency while ensuring compliance with legal guidelines and corporate policies.

Formación

• Graduate degree in any discipline.
• 4 years of experience in collections.
• Strong understanding of collection processes and legal guidelines.

Responsabilidades

• Manage collections for specific products within the assigned area.
• Ensure collection efficiency and control costs.
• Track delinquency by bucket and DPD; focus on non-starters.
• Set collection targets by bucket for agencies and in-house teams.
• Coordinate with external agencies and in-house teams.
• Monitor productivity and ensure feet on street availability.
• Support the legal team with documentation and case prep.
• Contribute to reporting and analysis for senior management.

Conocimientos

Debt collection

Team leadership

Negotiation

Legal knowledge

Data analysis

Relationship management

Educación

Graduate degree

Descripción del empleo

Job Requirements

About the Role

The Area Debt Manager – Flows – Rural Assets is responsible for managing a team and coordinating operational recovery activities for a credit portfolio within an assigned territory. This includes overseeing corporate policies and procedures, minimizing front-end delinquencies, and collaborating with the legal team to manage complex cases. The role entailed end-to-end collection responsibility and has a direct impact on the financial institution’s budget planning.

Key Responsibilities

Primary Responsibilities

• Manage collections for specific products within the assigned area.
• Ensure collection efficiency and control costs associated with collections.
• Track and control delinquency by bucket and Days Past Due (DPD), with a focus on non-starters.
• Review account allocations and set collection targets by bucket for agencies and in-house teams.
• Follow up regularly with default customers through a dedicated team.
• Ensure collection agencies and executives adhere to legal guidelines.
• Monitor productivity by setting parameters for in-house teams, agencies, and collection executives.
• Ensure adequate 'Feet on Street' availability across area, bucket, and segment.
• Conduct background and reference checks for appointed agencies and Direct Collection Teams (DCTs) and evaluate them regularly.
• Collaborate with the legal team to ensure appropriate legal action is taken on specified cases.
• Build relationships with key clients to ensure timely collections.
• Determine suitable tactics and strategies for timely collections.

Secondary Responsibilities

• Support the legal team with documentation and case preparation.
• Provide feedback and insights to improve collection processes and policies.
• Assist in training and mentoring collection staff.
• Contribute to reporting and analysis for senior management.

What We Are Looking For

Education

• Graduate – Any discipline.

Experience

• 4 years of experience in collections

Skills and Attributes

• Strong understanding of collection processes and legal guidelines
• Excellent communication and negotiation skills
• Ability to manage teams and coordinate with external agencies.
• Proficiency in tracking and analyzing delinquency data.
• Capability to develop and implement collection strategies.
• Strong relationship management skills