Debt Manager Unsecured

Abacus Consultants; Hyderabad; On-site; INR 300,000 - 420,000; Full time

Job summary

Abacus Consultants in Hyderabad is seeking an experienced Collections Professional to manage assigned debt recoveries and ensure timely actions.

You will regularly track delinquency by bucket and DPD, coordinate with agencies and in-house teams, and initiate legal actions when necessary, while maintaining MIS and account history records.

Graduation is required with 2–5 years of experience in Recoveries-Consumer Loan and Cross Sell, and you will work to meet recovery targets in a compliant manner.

Qualifications

• 2–5 years of experience in Recoveries-Consumer Loan & Cross Sell

Responsibilities

• Responsible for managing and undertaking collections process for debts that have been assigned.
• Regularly track the portfolio for specific buckets for the assigned area.
• Track & control the delinquency of the area, Bucket-wise & DPD (Days Past Due) wise and focus on non-starters.
• Responsible to allocate and achieve targets from agencies/ in house team.
• Regularly follow up with the default customers.
• Ensuring adherence to collection process and legal guidelines.
• Tracing out absconded default customers and initiate recovery process.
• Recommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the cases.
• Maintain data for administrative work related to collection such as updating delinquent account history, providing and maintaining MIS report (Management Information System), reviewing of collection feedback on daily, weekly & monthly basis.

Education

Graduation

Job description

Roles & Responsibilities

• Responsible for managing and undertaking collections process for debts that have been assigned.
• Regularly track the portfolio for specific buckets for the assigned area.
• Track & control the delinquency of the area, Bucket-wise & DPD (Days Past Due) wise and focus on non-starters.
• Responsible to allocate and achieve targets from agencies/ in house team.
• Regularly follow up with the default customers.
• Ensuring adherence to collection process and legal guidelines.
• Tracing out absconded default customers and initiate recovery process.
• Recommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the cases.
• Maintain data for administrative work related to collection such as updating delinquent account history, providing and maintaining MIS report (Management Information System), reviewing of collection feedback on daily, weekly & monthly basis.

Education Qualification

Graduation: Any Graduation

Experience: 2 to 5 years of experience in Recoveries-Consumer Loan & Cross Sell