Associate Debt Manager-Flows-2 Wheeler Loan

IDFC FIRST Bank; Chandigarh; On-site; INR 800,000 - 1,100,000; Full time

Job summary

IDFC FIRST Bank in Kolkata is seeking an Associate Debt Manager – Flows for 2-Wheeler Loans. You will manage the loan portfolio, drive timely collections, monitor delinquencies, and lead field visits to assess creditworthiness while coordinating with internal teams to improve performance.

The role requires strong communication and negotiation skills, the ability to travel for field work, and a bachelor’s degree in finance or business. Prior retail banking debt experience is preferred.

Qualifications

• Bachelor’s degree in finance, Business Administration, or a related field.
• Minimum of 2 years of experience in debt management, preferably in retail banking.
• Knowledge of 2-Wheeler Loans and collections processes.
• Strong communication and negotiation skills.

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.

Skills

2-Wheeler Loans knowledge

Negotiation

Communication

Teamwork

MS Office

Education

Bachelor’s degree in finance or business administration

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 Kolkata, West Bengal, 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 (Bengali) 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.