Collections Manager

Muthoot Finance; Kakinada; On-site; INR 450,000 - 550,000; Full time

Job summary

Muthoot Finance is seeking an experienced Collection Manager to drive unsecured personal loan collections, supervise a teams and agencies, and reduce delinquency while achieving monthly targets.

The role requires strong leadership, negotiation, and analytical skills, with proficiency in MS Excel and collection MIS. You will ensure compliance with RBI guidelines and corporate policies, and coordinate recovery efforts across internal teams and partner agencies.

Qualifications

• 3+ years in Collections, preferably in Personal Loans/Unsecured Loans/NBFC/Banking.
• Experience in NBFC/banking collections is preferred.
• CTC up to 5 LPA, depending on experience and interview performance.

Responsibilities

• Manage and monitor the collection process for the Unsecured Personal Loan portfolio.
• Lead and supervise the collection team to achieve monthly collection and recovery targets.
• Allocate delinquent accounts and monitor field/tele-calling collection activities.
• Track DPD, delinquency, roll-forward and recovery performance.
• Conduct regular performance reviews and provide guidance to collection executives.
• Coordinate with collection agencies and internal teams for effective recovery.
• Monitor daily collection reports, MIS and productivity dashboards.
• Identify high-risk and overdue accounts and develop appropriate recovery strategies.
• Ensure adherence to company policies, RBI guidelines and collection processes.
• Handle escalated customer cases and resolve collection-related issues professionally.
• Conduct regular team meetings and performance reviews.Take corrective action to improve collection efficiency and reduce portfolio delinquency.
• Ensure proper documentation and timely updating of collection systems/MIS.

Skills

Team leadership

Communication

Negotiation

Target-driven

Loan collections

Analytics

MS Excel

Collection MIS

Education

Any Regular Degree

Tools

MS Excel

Collection MIS

Job description

Job Summary

We are looking for an experienced and target-oriented Collection Manager to manage collection activities for our Unsecured Personal Loan portfolio. The candidate will be responsible for achieving collection targets, managing collection teams/agencies, reducing delinquency, and ensuring timely recovery of outstanding dues.

Key Responsibilities

• Manage and monitor the collection process for the Unsecured Personal Loan portfolio.
• Lead and supervise the collection team to achieve monthly collection and recovery targets.
• Allocate delinquent accounts and monitor field/tele-calling collection activities.
• Track DPD, delinquency, roll-forward and recovery performance.
• Conduct regular performance reviews and provide guidance to collection executives.
• Coordinate with collection agencies and internal teams for effective recovery.
• Monitor daily collection reports, MIS and productivity dashboards.
• Identify high-risk and overdue accounts and develop appropriate recovery strategies.
• Ensure adherence to company policies, RBI guidelines and collection processes.
• Handle escalated customer cases and resolve collection-related issues professionally.
• Conduct regular team meetings and performance reviews.Take corrective action to improve collection efficiency and reduce portfolio delinquency.
• Ensure proper documentation and timely updating of collection systems/MIS.

Required Skills

• Strong team handling and leadership skills.
• Good communication and negotiation skills.
• Target-oriented and result-driven approach.
• Knowledge of personal loan collections and delinquency management.
• Strong analytical and problem-solving skills.
• Good knowledge of MS Excel and collection MIS.
• Ability to manage collection agencies/DSAs.
• Willingness to work in a target-driven environment.

Eligibility

• Qualification: Any Regular Degree
• Experience: 3+ years in Collections, preferably in Personal Loans / Unsecured Loans / NBFC / Banking
• CTC: Up to 5 LPA, depending on experience and interview performance.
• Notice Period: Immediate joiners / candidates with short notice period preferred.

Key Performance Indicators (KPIs)

• Collection Efficiency
• Monthly Recovery Target Achievement
• DPD/Delinquency Control
• Roll-Forward Reduction
• Team Productivity
• Agency Performance
• Portfolio Quality