Associate Debt Manager-Recoveries

IDFC FIRST Bank; Ludhiana; Presencial; INR 450.000 - 650.000; Jornada completa

Descripción de la vacante

IDFC FIRST Bank in Delhi, India is seeking an Associate Debt Manager-Recoveries to oversee the recovery of 2-wheeler and pre-owned car loans. You will negotiate payments through field visits and coordinate with internal teams to optimize outcomes.

The ideal candidate has 2+ years in debt recovery, strong negotiation and communication abilities, and willingness to travel within the territory. This is a full-time role in the retail banking unit.

Formación

• Bachelor's degree in finance, business administration, or a related field.
• Minimum of 2 years of experience in debt management and recovery, preferably in the retail banking sector.
• Knowledge of 2 wheeler and pre-owned car loan products and processes.
• Strong negotiation and communication skills.
• Ability to work independently and in a team environment.
• Proficient in MS Office and other relevant software.
• Willingness to travel within the assigned territory.

Responsabilidades

• Manage the recovery process for 2 wheeler and pre-owned car loans in the assigned territory.
• Monitor delinquent accounts and take actions to recover amounts.
• Conduct field visits to customers' homes and workplaces to negotiate and collect payments.
• Build and maintain relationships with customers to understand their financial situation and provide appropriate solutions.
• Collaborate with internal teams such as legal, risk, and collections to ensure timely and effective recovery.
• Prepare and submit reports on recovery activities and progress to the management team.
• Stay updated on industry trends and regulations related to debt management and recovery.

Conocimientos

Negotiation

Communication

Teamwork

MS Office

Travel flexibility

Educación

Bachelor's degree

Descripción del empleo

Job Requirements

Job Description:

Position: Associate Debt Manager-Recoveries

Company Name: IDFC FIRST Bank

Job Type: Full-Time

Job Category: Retail Banking

Department: Retail Banking > Debt Management-Recoveries > Field > 2 Wheeler & Pre-Owned Cars

Location: Delhi, India

IDFC FIRST Bank is seeking a highly motivated and results-driven individual to join our team as an Associate Debt Manager-Recoveries. As a leading bank in the retail banking sector, we are committed to providing our customers with the best financial solutions and services. We are looking for a candidate who shares our passion for excellence and is dedicated to helping us achieve our goals.

Key Responsibilities

• Manage the recovery process for 2 wheeler and pre-owned car loans in the assigned territory
• Monitor and track delinquent accounts and take necessary actions to recover outstanding amounts
• Conduct field visits to customers' homes and workplaces to negotiate and collect payments
• Build and maintain relationships with customers to understand their financial situation and provide appropriate solutions
• Collaborate with internal teams such as legal, risk, and collections to ensure timely and effective recovery
• Prepare and submit reports on recovery activities and progress to the management team
• Stay updated on industry trends and regulations related to debt management and recovery

Qualifications

• Bachelor's degree in finance, business administration, or a related field
• Minimum of 2 years of experience in debt management and recovery, preferably in the retail banking sector
• Knowledge of 2 wheeler and pre-owned car loan products and processes
• Strong negotiation and communication skills
• Ability to work independently and in a team environment
• Proficient in MS Office and other relevant software
• Willingness to travel within the assigned territory

We Offer

• Competitive salary and benefits package
• Opportunities for career growth and development
• A dynamic and inclusive work environment
• Training and support to enhance your skills and knowledge

If you are a self-motivated and results-oriented individual with a passion for debt management and recovery, we want to hear from you!