We are looking at professionals with min 10 years experience in recovery/collections for asset loans. Incumbents with knowledge of local language (Maharshtra) is a must, strong understanding of customers and possess high energy, perseverance and willingness for extensive field work travel.Team manager with leadership acumen.   The job responsibilities would encompass:  - Handling a team to do recovery of HT Bucket dues and managing the recovery processes for the Zone within the overall policies of the company.   - Manage the entire Recovery Operations (HTBucket) for the assigned Zone.   - Manage, monitor and deploy the team including Team Leaders and SRC to ensure the recovery process is focused and effective.   - Conduct regular training and provide feedback to the team to ensure they are able to drive results.   - Manages waiver decisions, if required. Takes decisions on waiver requests.   - Personally monitor the priority cases including Chronic/High POS OD cases with assigned team on a daily basis.   - Conduct field visits for the top priority cases.   - Monitors Zone’s performance through dashboards and reports. Strives to achieve targets for self and team .   - Ensure the cash collected is deposited in the bank and all financial systems are adhered to.   - Ensure the process of repossession is adhered to per company policy and set norms. Ensure the staff and agents are well trained to comply.   - Resolve customer complaints and escalations, if any and take steps to resolve accordingly.   Kindly go through the following inputs with regards to the organization:  Magma Fincorp Limited (formerly Magma Leasing Limited), headquartered in Kolkata (India) was incorporated in 1988 and commenced operations in 1989 in Kolkata. Registered with the Reserve Bank of India as an asset financing NBFC, we have grown to be one of India's large retail-finance companies and have built a total assets under management of more than Rs.11, 860 crore. We have a wide operating footprint in India with 280+ branches across 21 Zones/UT in the country.   The Magma family comprises over 8000+ 'Magma-ites', working across different functional verticals. We have serviced over 575,000 customers and have more than 270,000 live customers as of date. We not only provide a one-stop-shop financing facility to our customers, but also fulfil the dreams of millions of first-time entrepreneurs; catalyzing local economies and helping the nation grow. Magma is listed on National Stock Exchange and Bombay Stock Exchange. We have a diversified product- portfolio spanning over several products and services, including financing of Utility Vehicles & Cars, Commercial Vehicles, Construction Equipments, Tractors, Suvidha (Refinance), SME Loans, Gold loans and Insurance.   Our Asset Finance division, which is our largest division, is focused on providing loans and financial services for purchase of cars, two-wheelers, construction equipment, commercial vehicles, used vehicles and also auto leasing services to our broad range of customers.   http://www.magma.co.in  If interested, register your application and we will get back to you with the further process.

Mumbai

Magma Fincorp - Zonal Recovery Head 

Magma Fincorp - Zonal Recovery Head  ,Job Description for Magma Fincorp - Zonal Recovery Head  in Magma Fincorp Limited in  Mumbai for (10-15) years of experience. Apply Now!

Job Description for Magma Fincorp - Zonal Recovery Head  in Magma Fincorp Limited in  Mumbai for (10-15) years of experience. Apply Now!