State Head Collections (LAP)

JobItUs; Ahmedabad District; On-site; INR 4,50,000 - 6,75,000; Full time

Job summary

A finance services company in Ahmedabad is seeking a senior professional to lead the Collections function for Loan Against Property portfolios. This role focuses on driving recovery performance and managing teams to meet collection targets while ensuring compliance with collection strategies and policies. The ideal candidate will have significant experience in collections, preferably within financial institutions, and possess strong leadership capabilities. It's an excellent opportunity for those looking to enhance their career in collections management.

Qualifications

• Minimum 9–10 years of experience in Collections, preferably in LAP.
• Strong experience leading regional/state-level collections operations.
• Exposure to bucket management strategies (X, 1 & 2).
• Proven leadership and team management skills.
• Experience in NBFCs / Financial Institutions preferred.

Responsibilities

• Lead and oversee the collections strategy for Loan Against Property Portfolios.
• Manage a team of collection managers and field executives to achieve collection targets.
• Monitor portfolio performance and reduce delinquency rates.
• Drive legal and resolution mechanisms for delinquent accounts.
• Ensure adherence to regulatory and company collection policies.
• Coordinate with internal stakeholders such as Credit, Risk, and Operations teams.
• Conduct regular performance reviews and implement corrective actions.
• Strengthen collections processes to improve efficiency and recovery ratios.

Skills

Leadership

Team management

Collection strategy development

Regulatory compliance

Job description

Role Overview

We are hiring a senior professional to lead and manage the Collections function for LAP portfolios in Ahmedabad. The role focuses on driving recovery performance, managing teams, and ensuring compliance with collection strategies and policies.

Key Responsibilities

• Lead and oversee the collections strategy for Loan Against Property Portfolios (X, 1 & 2 buckets).
• Manage a team of collection managers and field executives to achieve collection targets.
• Monitor portfolio performance and reduce delinquency rates.
• Drive legal and resolution mechanisms for delinquent accounts.
• Ensure adherence to regulatory and company collection policies.
• Coordinate with internal stakeholders such as Credit, Risk, and Operations teams.
• Conduct regular performance reviews and implement corrective actions.
• Strengthen collections processes to improve efficiency and recovery ratios.

Candidate Profile

• Minimum 9–10 years of experience in Collections, preferably in LAP
• Strong experience leading regional/state-level collections operations.
• Exposure to bucket management strategies (X, 1 & 2).
• Proven leadership and team management skills.
• Experience in NBFCs / Financial Institutions preferred.