Team leader

Wipro; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

A leading IT service provider is looking for an Operations Manager with 5-8 years of experience in collections management. This role involves managing a team, ensuring compliance with operations, and optimizing processes for efficiency. Candidates should have strong communication skills and familiarity with FCA regulations and the Consumer Credit Act. You will be responsible for maximizing delivery performance and maintaining robust governance processes, while also focusing on team development and resource retention.

Qualifications

• 5-8 years of experience in collections and recoveries operations.
• Experience in managing teams and workflow.

Responsibilities

• Manage a team of Financial Assistance Advisors.
• Maximize process efficiency and cost-effectiveness.
• Ensure compliance with SLA parameters.
• Monitor key performance metrics and drive improvements.
• Timely invoicing and financial tracking.

Skills

UK Collections experience, preferably in Motor Vehicle

Credit control and default management

Strong written and verbal communication skills

Attention to detail

FCA regulations knowledge

Consumer Credit Act understanding

GDPR familiarity

Job description

Skills required

• UK Collections experience, preferably in Motor Vehicle.
• Experience in credit control, arrears calling or default management in the finance industry.
• Strong written and verbal communication skills. Attention to detail. Familiarity with forbearance, arrears management, and litigation processes.
• Strong grasp of FCA regulations, Consumer Credit Act, and GDPR

Responsibility

• Reporting to the Collections and Recoveries Operations Manager, who will be your line manager and responsible for performance review meetings, 1‑1s and development conversations. You will be responsible for:
• Management of a team of Financial Assistance Advisors – to include but not limited to 1‑1s and development conversations, QA, QC & COT feedback/analysis, ongoing coaching, workflow management, team meetings, engagement activity
• Completing case reviews to ensure correct action has been taken and feedback provided where necessary
• Providing guidance and oversight for the third party suppliers managing our cases in recovery
• Identifying root causes and future barriers, always ensuring that dialogue is in keeping with the principles of the company and treating customers fairly principles

Do

• Maximize process efficiency and cost effectiveness through strategic planning, contract compliance and governance mechanisms
• Strategy Planning with Senior Stakeholders
  • Collaborate with leaders to provide strategic and operational plans associated with the account
  • Plan the strategy for the coming years by identifying new geographies for alternate revenue streams
  • Ensure a deep enough understanding of clients’ individual experiences to head off potential issues before they become problems
• Contract compliance & adherence
  • Ensure all SLA parameters are met in the account and maintain a green card at all times
  • Review and drive appropriate actions/ systemic changes on internal and external audit findings to ensure no major non‑compliances are cited
  • Monitor and review the account on various delivery parameters to ensure quality delivery as per budget and timelines
• Delivery governance in the account
  • Understand customer goals and key performance metrics and ensure exceeding those goals throughout the project
  • Ensure a green card for all accounts in terms of performance and quality
  • Monitor and review delivery dashboards/ MIS across accounts to track progress and identify potential red flags
  • Participate and share account performance across operational, quality and fulfillment parameters with internal and external stakeholders
  • Lead and manage project escalations, potential risks or early warning signs on project delivery to eliminate any revenue leakage
  • Ensure regular invoicing as per the contract terms and condition
  • Forecast and track key account metrics
• Invoicing
  • Timely submission of invoices to the client as defined in the SOW
  • Provide information required and resolve any invoicing issues raised by the client
• Collect and analyze statistics (costs, customer service metrics etc.)
• Assume responsibility of budgeting and tracking expenses
• Ensure outstanding performance against key metrics mentioned in the agreement
• Regular cadence around contract compliance
  • Evaluate performance with key metrics (accuracy, customer service metrics etc.)
  • Set direction for the team, track progress against targets through regular cadence calls and course correct as require
  • Drive the focus of the team on quality and adherence to contract compliance processes
  • Drive and implement structured cadence around quality, both process and transactional
  • Cadence with delivery lead to ensure margins are met and the account numbers are at par to what is committed
  • Weekly calls with WFM to ensure resource optimization, compliance to the manpower numbers agreed in the contract, future planning in case of ramp ups etc.
• Resource Allocation & Retention
  • Conduct effective resource planning to maximize the productivity of resources (people, technology etc.)
  • Review and monitor resource planning and fulfillment in line with account requirements and costs of delivery
  • Optimize manpower and minimize leakages by working closely with delivery head
  • Ensure retention by offering relevant trainings and certifications of all allocated resources
  • Lead one‑on‑one floor connect and other engagement activities to improve stickiness of the delivery team
• Collaborate and influence internal key stakeholders to manage and resolve issues to ensure fulfillment and flawless delivery of projects

Experience: 5‑8 Years