Recovery Manager-BL

Clix Capital Services; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Clix Capital Services Private Limited is looking for a Recovery Manager - PHY to drive strategic recovery plans for overdue loans and minimize financial risk. You will collaborate with field recovery teams, legal teams, and senior management to optimize performance, oversee in-house and outsourced collections, and monitor processes using MIS reports.

This role requires coordinating settlements with customers and, when needed, working with the legal department for restructuring or recoveries

Qualifications

• Responsibilities include strategizing and implementing recovery plans for delinquent accounts.
• Coordinate with field recovery teams, legal teams, and senior management.
• Oversight of in-house and outsourced collection setups including agency management.

Responsibilities

• Develop and execute recovery strategies for overdue loans, ensuring alignment with business goals.
• Handled inhouse and outsourced collection setup including agency management handling and managing team.
• Ensure collection and recovery for identified accounts and periodically monitor the processes to enhance efficiency in collections.
• Execute plans as per MIS reports on number of cases current portfolio size security deposition etc. of critical cases and strategize collections and recovery based on forward flow backward flow resolution bucketing etc.
• Regular follow up with customers for settlement and collection payment.
• Undertake necessary actions in coordination with the legal department for cases that need to be restructured of asset and for the loss cases that can be recovered through legal intervention.

Job description

Group Company:

Clix Capital Services Private Limited

Designation:

Recovery Manager - PHY

Primary Responsibilities:

?The role involves strategizing and implementing recovery plans, managing delinquent accounts, and ensuring compliance with regulatory guidelines. The individual will work closely with field recovery teams, legal teams, and senior management to minimize financial risk and optimize recovery performance.? ? ? ? ? ? ? ? ? ? ? ? ? ? ??

Develop and execute recovery strategies for overdue loans, ensuring alignment with business goals.

Handled inhouse and outsourced collection setup including agency management handling and managing team.

Ensure collection and recovery for identified accounts and periodically monitor the processes to enhance efficiency in collections.

Execute plans as per the MIS reports on number of cases current portfolio size security deposition etc. of critical cases and strategize collections and recovery based on forward flow backward flow resolution bucketing etc.

Regular follow up with customers for settlement and collection payment.

Undertake necessary actions in coordination with the legal department for cases that need to be restructured of asset and for the loss cases that can be recovered through legal intervention.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.