Purpose of the Role : To effectively monitor and review retail portfolio for the hard bucket (60+), to ensure successful resolutions with the objective of minimizing Net Credit Loss &amp; drive recoveries for the impaired pool. - To ensure that effective Legal measures are taken against Delinquent Customers to safeguard the interest of the organization. Key Result Areas : Collections : - Negotiate &amp; collect over dues from customers - Monitor and control Delinquency and Credit Losses for the 60+ portfolio - Exercise adequate control over Agency performance in terms of resolution - Managing field collector productivity - Capacity Planning for the 60+ pool. - Ensuring agency profitability through improved performance - Training on Code of Conduct - Timely assignment of Collection cases to Agencies - Conduct periodic Collection Agency Audit - Ensure legal recourse and follow up on delinquent accounts where applicable Recovery : - Enhance Recovery Rates to ensure continued profitability of Business. - Continuous review of Recovery Portfolio to effectively give directions and control to Recovery operations. - Identify, develop and continuously improve Recovery processes to ensure overall efficiency in terms of customer contact and Recovery Techniques - Identify gaps in Recovery capacities and ensure timely capabilities by way of Agency Recruitment - Ensure timely and meaningful MIS to Business for review &amp; feedback - Ensure strict control over Recovery costs and rationalization where required - Provide accurate Recovery figures to the business - To review charged-off accounts and file legal cases where required Requirements : - 7 - 9 years of experience in credit and collections. - Excellent team management skills &amp; a self-starter - Able to analyse large, complex data sets &amp; drive focus on continuous improvement - Comfortable with database administration skills and resources - Able to multitask, prioritize, and manage time efficiently - Able to analyse data and statistics and translate results into better solutions - Excellent verbal and written communication skills - Pays strict attention to detail - Incentives applicable Job Location : Gurgaon Reporting to : VP- Collections Requires : PAN India travel, need based - Local conveyance reimbursement as per company policy Company Profile : Indifi Technologies is an enabler of micro, small, and medium enterprises (MSME) financing in India, Indifi Technologies, while maintaining its focus on MSME businesses, intends to direct the investments towards furthering its products and technology. With a 350 BUSD debt financing Gap, in India's MSME segment, Indifi brings in a technology platform which will aggregate the lenders and identify the needs and work with partners to fulfill to enable the small businesses have greater access to low-cost debt. Apart from being a market place for lenders and SME borrowers, Indifi also provides finance to SMEs that have not been able to fulfill their finance needs. Indifi currently provides loans in the range of Rs. 1 to Rs. 40 L, with average loan size being in the range of Rs. 5 L. The Company has already provided about 1500 loans and the credit performance is better than the industry average. Indifi Technologies strives to differentiate by going deeper into segments rather than spread horizontally across segments. They have already tied up with an online travel company (Makemytrip.com), a cab aggregator and an e-commerce company to access their database of SMEs. Indifi's unique platform combines smart data analytics and strategic partnerships with supply and distribution chain aggregators in a one-stop solution, revolutionizing the way lenders reach and underwrite credit to MSMEs. Lenders such as Edelweiss, Lending kart and Capital First are already on its platform. With strong leaders like Alok Mittal and Siddharth Mahanot, Indifi has raised $10 million in a Series B investment round led by philanthropic investment firm Omidyar Network, established by the founder of eBay, Pierre Omidyar. Existing investors Accel Partners and Elevar Equity also participated in the round. Prominent names such as Pramod Bhasin are Advisor and Investor in the Company. http://economictimes.indiatimes.com/small-biz/money/fintech-startup-indifi-technologies-raises-rs-66-5-crore-in-round-led-by-omidyar-network/articleshow/55953213.cms Leadership Team : Alok Mittal - Alok is co-founder and CEO of Indifi, a platform to expand access to debt financing for Indian SMEs. Alok is a successful first generation entrepreneur based in India. Alok is also a founding member of Indian Angel Network, which is a forum for making angel investments. He last led India operations of Canaan Partners, a premier US based venture capital firm. Earlier, he cofounded JobsAhead.com in 1999. JobsAhead.com is the leading e-recruitment business focused on the Indian market, and was acquired by Monster.com recently. Before founding JobsAhead, Alok worked with Hughes software in telecom and internet technologies. Alok is a computer science graduate from IIT Delhi, and completed his MS and Management of Technology programs from UC Berkeley. Alok is passionate about creating value through startups! He is also keenly interested in entrepreneurship development in India. He has organised a venture community blog at http://www.venturewoods.org Siddharth Mahanot - Siddharth is the Co-Founder and COO at Indifi Technologies Private Limited. Indifi started in June 2015 and is creating a platform to enable access to debt financing for small businesses. Prior to co-founding Indifi, Siddharth has worked for over 14 years with various renowned financial services organizations like IndiaBulls, Edelweiss and Citibank in Credit Underwriting and Risk Management functions. Carries experience in underwriting across various products like Mortgages, Commercial Lending, Secured and Unsecured SME Financing, Small Ticket Housing Finance to informal segment and Microfinance.

Gurgaon/Gurugram

Indifi - Team Lead - Collections 

Indifi - Team Lead - Collections  ,Job Description for Indifi - Team Lead - Collections  in Indifi Technologies Pvt. Ltd in  Gurgaon/Gurugram for (7-9) years of experience. Apply Now!

Job Description for Indifi - Team Lead - Collections  in Indifi Technologies Pvt. Ltd in  Gurgaon/Gurugram for (7-9) years of experience. Apply Now!