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Job summary
A prominent financial services company is seeking a Collection Manager to oversee Two Wheeler Loans. The ideal candidate will have 2-3 years of experience in collections related to automotive products. Responsibilities include vendor portfolio allocation, resolving collection issues, and managing customer service escalations. This full-time role is for individuals with strong data management skills and a proven ability to perform individually. The position is at a mid-senior level and offers a dynamic work environment.
Qualifications
Minimum 2-3 years of collection experience in automotive products.
Experience in managing collection agencies is required.
Excellent data management skills necessary.
Candidate should be an individual performer.
Responsibilities
Allocate portfolio to vendors based on performance trends.
Coordinate with agency resources for call planning.
Manage collection/repo customer service issues.
Track and review BKT resolutions with agencies.
Ensure receipt book discrepancies are resolved with agencies.
Skills
Collection experience
Managing collection agencies
Data management skills
Individual performance
Job description
Collection Manager – Two Wheeler Loans – Soft Bkt
Roles and Responsibilities
Allocation of portfolio to vendor based on past performance trend and FOS availability, creating adequate manpower capacity for the portfolio.
Review cases with FOS / TL and work assignment based on the disposition code.
Coordinating with agency resources and doing the call planning for better resolution, ensuring appropriate support to the agency on difficult cases.
Receipt book & repo kits allocation and auditing periodically.
Agency billing closure within 60 days of the work completed month.
Ensuring prior approvals in repo cases & helping the agency manage repo related issues.
Handling collection/repo related customer service issues/escalations.
Coordinating with legal team for initiating legal actions against chronic defaulters & dealing with enforcement agencies in cases filed against the organisation by customers/third parties.
BKT resolution with agency and FOs level need to be tracked & reviewed.
Flow rates to next BKT needs to be restricted on the location you are handling.
Remove the non-performing FOs and recruitment the fresh team and train as and when required.
CRM queries needs to be closed as per the TAT assigned.
RCU audit queries must be reverted before TAT and implementation of committed action at field level.
Receipt book discrepancies needs to be discussed with agency and ensure no reoccurrence of such issues in field.
HHT 100% utilization and report to be submitted to ACM / RCM on regular basis.
HHT not working need to be informed to IT team for need of support.
Candidate Profile Required
Minimum 2-3 Years of collection experience in any automotive products like LMV,TW,3W,LCV,MCV,HCV.