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Collections Manager For Home loan, Loan Against Property, Mortgages

4-8 Years
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Job Description

Roles and Responsibilities

  • He/ She should have overall experience in Home loan, Loan against property, Mortgages.
  • He/ She should be Well versed in Other products like Vehicle loan, Personal loan, Credit Cards, Jewel loan collections.
  • Negotiating with customers in cases when non-payment occurs. - Preparing monthly feedback reports on payment collections.
  • Define and review collection strategies for the portfolio managed.
  • Represent the organization in front of legal/ statutory bodies as required by the legal team and ensure that the collection team adheres to the legal guidelines provided by the law in force
  • Manage and deliver performance in terms of, resolution, roll backs, collection rates/ values and optimum utilization of field resources to increase efficiencies as per the target set for the assigned portfolio.
  • Ensure compliance to all Audit / Regulatory bodies as well as policies and procedures of the company
  • Achieving collection goals and targets for the Branch and reporting metrics to senior management on a daily, weekly and monthly basis.
  • Addressing legal requirements through the local legal resource in liaison with the Legal Support.
  • Ensure the work flow is planned and all the necessary interventions are actioned to achieve the Baseline in order to improve collections Efficiency.
  • To ensure follow up is done as per the laid down process wrt to allocation, Account level review of cases tagged as NC, dispute, expired etc.

Desired Candidate Profile

  • Minimum of 4+ Years of Experience.
  • Hand full experience in collections in Home loan, loan against property, mortgages.

More Info

Job Type:
Employment Type:
Open to candidates from:
Indian

About Company

Karur Vysya Bank (KVB) is one of India's leading private sector banks headquartered in Karur, Tamil Nadu. With a rich heritage of over a century, KVB consistently strives to provide innovative banking solutions to its customers. KVB operates with a vast network of 840 branches and 2,270+ ATMs and cash recyclers.

The bank has adopted technology with best-in-class Internet Banking and Mobile Banking services. KVB DLite, the Mobile Banking app of the bank offers the convenience of financial and non-financial services and provides a simple and secure way to manage your banking on the go.
The bank continues to grow with its strong financials. The bank’s total business was INR 1,63,536 crores as of 31st March 2024 with a deposit base of INR 89,113 crores and advances at INR 74,423 crores. The bank had posted its highest-ever net profit of INR 1,605 crores during the financial year 2023-24. The net NPA of the bank was at 0.40%.

KVB is committed to delivering exceptional banking experience to its customers by leveraging technology to offer a wide range of financial products that can be easily accessed through both physical and digital channels.

Job ID: 119872487