Hiranandani Financial Services - State Collections Manager

- Strategy Development: Create and implement effective strategies for debt recovery and collections in assigned regions, ensuring compliance with laws, regulations, and company policies.

- Team Leadership: Lead and supervise a team of collections professionals, providing guidance, training, and support to maximize their performance and meet collection targets.

- Performance Monitoring: Track and analyze collection metrics, including delinquency rates, recovery rates, and payment behaviors, to identify trends, areas for improvement, and potential risks.

- Portfolio Management: Oversee collections portfolio management, prioritizing accounts, reviewing payment plans, negotiating settlements, and initiating legal actions when needed.

- Customer Interaction: Address customer inquiries on delinquent accounts, resolving disputes, and assisting with payment options or debt resolution.

- Reporting: Prepare and present regular collections activity reports, trends, and outcomes to senior management for informed decision-making and continuous improvement.

- Cross-Department Collaboration: Work closely with sales, customer service, and finance teams to improve collections effectiveness and reduce customer delinquency.

- Process Improvement: Identify and implement process enhancements, automation, and technology solutions to streamline operations, boost productivity, and optimize recovery rates.