BharatPe - Lead - Collection Strategy

Job Purpose :

- Recommend collection policies and strategies that will result in reducing delinquency rates and losses

- Analyze collections and operations strategies and tactics

- Need to manage output of collection agencies and drive them towards achieving assigned collection targets

- Work on Allocation Strategy considering lesser flow to higher buckets

- Will be responsible for controlling collection cost without negatively impacting collections performance

- Negotiating Payouts with collection agencies

- Work towards implementing collections strategies, process improvements and technology enhancements

- Ensure appropriate systems and infrastructure are in place to track, evaluate and support collections strategies and tests

- Research industry best practices; make recommendations accordingly

- Establish collaborative relationship with cross-functional team to move collections strategies forward

Key Responsibilities :?

Managerial Responsibilities :

- Formulating and Implementing effective Collection Strategy

- Keep the debt minimum and in line with the organizations set targets

- Evaluate cost and find measures to reduce the cost

- Need to work closely with Field team and handhold them to get the desired results

Functional:

Responsibilities :

- Onboard Collection Agencies in the growing markets

- Monitor the delinquent base closely and timely update the management on the risk parameters and market scenarios linked to repayments

- Establish effective working relationships with functional and cross functional teams to implement innovative and competitive strategies related to field collection activities

- Preside over periodic progress review meetings and timely share performance reports with management

Job Requirements :

Qualifications - Graduate / Post Graduate

Experience :

- 8-12 years of Field Collection or handling Collection Strategy with good analytical skills

Functional Competencies:

- In Depth Knowledge of Collection Measurable

- Good Analytical Skills

- Capable of formulating Telecalling and Field Collection Strategy

Behavioral Competencies :

- Strategic and analytical thinking

- Hustler

- Problem solving and decision-making skills

- People Management skills

- Creative & Innovative