AVP - Collections - BFSI

AVP - Collections

Leading NBFC hiring AVP Collections for Mumbai Location - Salary upto 20 Lacs

We want somebody who can join immediately or in 15 Days.

The Position: AVP Collections

Locations : Mumbai

Job Description:

- As the AVP Collections , you will be responsible for ensuring timely achievement of collections targets by formulating and executing collections strategy.

What you will do:

- Will be key member of the Collections Team.

- Primary role is to define suitable Collections strategies for minimizing bad debt losses through the effective design, monitoring and deployment of Collections strategy, policy and process.

- Recruiting and training the collections team for effective collections and recovery.

- Ensuring adherence to collection processes in the region, i.e., system allocation, tracking, monitoring delayed cash deposition; identifying and reporting fraudulent practices

- Identify and deliver improvements to the range of account treatment and negotiation options available to operational agents

- Responsible for Debt Collection of EMI and in the respective locations.

- Capability for support on mechanism for legal / police authorities

- Managing productivity by fixing productivity parameters for Agencies/collection executives monitoring performance against set parameters

- Authorizing payouts and roll out collection payout structure policy

- Monitoring and ensuring adherence to collection process and taking preventive action against