Associate Debt Manager-Flows-2 Wheeler Loan

IDFC FIRST Bank; Chandigarh; On-site; INR 400,000 - 700,000; Full time

Job summary

IDFC FIRST Bank in Chandigarh is seeking an Associate Debt Manager for Flows in the 2-Wheeler Loan portfolio. The role focuses on ensuring timely collections and recoveries while coordinating with internal teams to improve loan performance.

Field visits and customer interactions are essential to assess creditworthiness and secure overdue payments. The position requires strong communication, negotiation skills, and the ability to work independently or in a team.

Qualifications

• Bachelor's degree in finance, business administration, or a related field is required.
• Minimum 2 years of experience in debt management, preferably in retail banking.
• Experience in 2-wheeler loan collections is highly desirable.

Responsibilities

• Manage the 2-Wheeler Loan portfolio with timely collections and recoveries.
• Monitor delinquent accounts and take actions to minimize losses.
• Conduct field visits to assess creditworthiness and collect overdue payments.
• Build and maintain relationships with customers to ensure timely payments.
• Collaborate with internal teams to improve loan performance strategies.
• Stay updated on industry trends and regulations related to 2-Wheeler loans.
• Provide regular portfolio reports to senior management.

Skills

Communication

Negotiation

Teamwork

Independent work

MS Office

Education

Bachelor's degree in finance/BA/related

Tools

MS Office

Job description

Job Requirements

About the Role

The Associate Debt Manager - Flows - 2-Wheeler Loan is responsible for managing the 2-Wheeler Loan portfolio and ensuring timely collections and recoveries. This role involves monitoring delinquent accounts, conducting field visits, and collaborating with internal teams to develop strategies for improving loan performance. The role is based in Chandigarh and contributes to the overall objectives of IDFC FIRST Bank's Retail Banking division.

Key Responsibilities

Primary Responsibilities

• Manage the 2-Wheeler Loan portfolio and ensure timely collections and recoveries.
• Monitor delinquent accounts and take necessary actions to minimize losses.
• Conduct field visits to assess customer creditworthiness and collect overdue payments.
• Build and maintain relationships with customers to ensure timely payments and customer satisfaction.
• Collaborate with internal teams to develop and implement strategies for improving loan performance.
• Stay updated on industry trends and regulations related to 2-Wheeler Loans.
• Provide regular reports and updates on portfolio performance to senior management.

Secondary Responsibilities

• Fluency in the local language is preferred.
• Knowledge of the local market and customer behavior is a plus.
• Experience in handling 2-Wheeler Loan collections in Kolkata is highly desirable.

What We Are Looking For

Education

• Bachelor's degree in finance, Business Administration, or a related field.

Experience

• Minimum of 2 years of experience in debt management, preferably in the retail banking sector.
• Experience in handling 2-Wheeler Loan collections is highly desirable.

Skills and Attributes

• Knowledge of 2-Wheeler Loans and collections processes.
• Strong communication and negotiation skills.
• Ability to work independently and in a team environment.
• Proficient in MS Office and other relevant software.
• Willingness to travel for field visits as required.