Collection Associate - CE

HDB Financial Services Ltd.; Malda; On-site; INR 300,000 - 500,000; Full time

Job summary

A financial services company in Malda, India, seeks a dedicated professional to manage the collection and recovery of its commercial equipment portfolio. The role includes handling individual collections, ensuring compliance with procedures, tracking asset utilization, and preparing daily activity reports. Candidates should have strong skills in collection efficiency, cost management, and portfolio oversight. This position offers an opportunity to enhance management skills and achieve monthly targets.

Qualifications

• Experience in collection and recovery processes.
• Proficiency in managing individual portfolios.
• Ability to prepare reports on daily activities.

Responsibilities

• Manage collection and recovery of commercial equipment portfolio.
• Update visit trails and money collection details.
• Ensure repossession of assets is compliant with procedures.
• Manage daily and weekly targets to facilitate monthly targets.
• Ensure repossession of assets is done in compliance with standard operating process.
• Negotiations and restructuring loan repayments as needed.
• Prepare reports for daily activities and ensure timely deposition of funds.
• Maintain adherence to processes, compliance and audit requirements.

Skills

Collection efficiency

Cost management

Portfolio management

Job description

Job Role

Taking care of collection and recovery of Commercial Equipment portfolio.

Handling individual collection portfolio. Updating visit trails and money collection details on Mobile App. 100% visit on all cases and tracking asset utilization and availability. Managing daily and weekly targets to facilitate monthly targets. Ensuring repossession of assets is done in compliance with standard operating process. Ensuring adherence to processes, compliance and audit-related activities. Negotiations and restructuring loan repayments. Prepare reports for daily activities. No delay in deposition.

Key Responsibilities

• Responsible for collection efficiency on timely manner.
• Responsible for Effective Cost Management.
• Understanding Managing Healthy Portfolio.