Portfolio Manager - Collections and Asset Recovery

Kotak Mahindra Bank Limited; Nashik District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Kotak Mahindra Bank Limited in Nashik is seeking a dynamic Portfolio Manager to oversee collections and asset recovery for retail loan portfolios. You will monitor collection efficiency, ensure timely follow-ups, and analyze trends to implement corrective actions.

The role also covers repossession and recovery activities, coordinating with agents, agencies, and legal teams to maximize recovery while ensuring compliance with regulatory norms.

Responsibilities

• Monitor and maintain collection efficiency across assigned portfolios. Ensure timely follow-ups and resolution of delinquent accounts. Analyze collection trends and implement corrective actions.
• Manage repossession activities in coordination with repossession agents. Oversee the sale of repossessed assets to maximize recovery. Ensure compliance with legal and regulatory requirements during repossession.
• Liaise with external collection agencies and field executives. Provide training and guidance to the collections team. Conduct field visits when necessary to support recovery efforts.
• Coordinate with legal teams for initiating and following up on legal actions. Ensure all documentation and processes are in line with bank policies and regulatory norms.

Job description

Customer Assistance Manager_Consumer Durables-Hardship Assistance Unit_Nashik

We are looking for a dynamic and experienced Portfolio Manager to oversee collections and asset recovery for retail loan portfolios.

Collections Management

Monitor and maintain collection efficiency across assigned portfolios. Ensure timely follow-ups and resolution of delinquent accounts. Analyze collection trends and implement corrective actions.

Repossession & Recovery

Manage repossession activities in coordination with repossession agents. Oversee the sale of repossessed assets to maximize recovery. Ensure compliance with legal and regulatory requirements during repossession.

Agency & Field Coordination

Liaise with external collection agencies and field executives. Provide training and guidance to the collections team. Conduct field visits when necessary to support recovery efforts.

Legal & Compliance

Coordinate with legal teams for initiating and following up on legal actions. Ensure all documentation and processes are in line with bank policies and regulatory norms.

Experience Level Mid Level