Collection Manager – NBFC

Shree Balaji Employment services Pvt Ltd; Nalanda; On-site; INR 700,000 - 800,000; Full time

Job summary

A leading employment services firm is seeking an experienced Collection Manager to oversee the collections team and implement strategies to manage delinquent accounts in the NBFC sector. The ideal candidate will have 2-3 years of collection experience, strong leadership abilities, and a solid understanding of regulatory requirements. This role is essential for minimizing delinquency rates and ensuring compliance with industry standards.

Qualifications

• Minimum 2-3 years of experience in collections, preferably in the NBFC industry.
• Strong knowledge of the NBFC industry, including regulatory requirements.
• Proven leadership skills, including the ability to manage a team.

Responsibilities

• Manage a team of collection officers, providing guidance and support.
• Develop collection strategies to minimize delinquency rates.
• Analyze collection data and provide insights to management.
• Ensure activities comply with regulatory requirements.

Skills

Team Leadership

Collection Strategy

Analytical Skills

Communication Skills

Risk Management

Education

Graduate degree in business administration or finance

Job description

Overview

Job Title: Collection Manager

Product – Vehicle loan

CTC – Up to 7-8 LPA

Location – Bhagalpur

Job Summary: We are seeking an experienced and results-driven Collection Manager to join our team. The successful candidate will be responsible for managing the collections team, developing and implementing collection strategies, and ensuring that delinquency rates are minimized. If you have a proven track record in collections and a strong understanding of the NBFC industry, we encourage you to apply.

Responsibilities

• Team Management: Manage a team of collection officers, providing guidance, training, and support to ensure that team members are equipped to meet their targets.
• Collection Strategy: Develop and implement effective collection strategies to minimize delinquency rates and maximize recoveries.
• Delinquency Management: Oversee the management of delinquent accounts, including identifying and addressing root causes of delinquency.
• Risk Management: Identify and mitigate potential risks associated with collections, including reputational risk and regulatory non-compliance.
• Reporting and Analytics: Analyze and interpret collection data, providing insights and recommendations to senior management.
• Compliance: Ensure that all collections activities are conducted in accordance with regulatory requirements and industry best practices.
• Customer Service: Foster a customer-centric culture within the collections team, ensuring that customers are treated fairly and with respect.

Qualifications

• Experience: Minimum 2-3 years of experience in collections, preferably in the NBFC industry.
• Industry Knowledge: Strong knowledge of the NBFC industry, including regulatory requirements and industry best practices.
• Leadership Skills: Proven leadership skills, including the ability to motivate and manage a team.
• Communication Skills: Excellent communication and interpersonal skills, including the ability to negotiate and influence stakeholders.
• Analytical Skills: Strong analytical and problem-solving skills, including the ability to interpret data and provide insights.
• Preferred Qualifications: Graduate degree in a relevant field, such as business administration or finance.