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Collections Manager

4-8 Years
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  • Posted 18 days ago
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Job Description

To ensure that the Collection Portfolio of the Region is under control as specified by the management.

ROLES & RESPONSIBILITIES:

  • Setting targets on resolution for each Bucket as per the industry standards or as per the benchmark already set by the bank.
  • To create and implement strategy to improve the collections portfolio.
  • To manage the Collection agency in their respective location.
  • To ensure daily case wise review with the field collection executive.
  • To maintain Collection efficiency reports.
  • To ensure that the collection executives comply with the companys policy when contacting individuals or corporates to collect the dues.
  • To ensure that all the collection executives are DRA certified.
  • To monitor field visit reports thereby to ascertain the efficiency of collection.
  • To perform random audit with regards to the process.
  • To ensure that the field executives are trained enough with regards to debt collection.
  • Should know the concept of Cash credit loans, Secured Over Drafts and commercial products.
  • Should have worked with Banks.

ELIGIBILITY CRITERIA:

  • Proven work experience as Collection Manager.
  • In-depth knowledge of performance metrics.
  • To be excellent communicator and have superior people skills.
  • Multilingual with good pronunciation.
  • Organizational and time-management skills.
  • Decision-making skills
  • To liaise with different departments to ensure smooth functioning of the process.
  • UG / PG in any specialization.
  • DRA certified.

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: 119808015