Recovery Head - BFS

Job Description:-

- The individual will be responsible for planning of entire Collection infrastructure for loan portfolio. He will be required to integrate various existing mechanism for Collection/Recovery Standard accounts and develop comprehensive Collection system for each product with the help of Data Analytics.

- Preparation/drafting of Collections Policy.

- Preparation of Collections Manual & SOP for day to day management of all products.

- Systems planning /Ditalization for Collections activity and effective monitoring of the portfolio.

- An acumen for process adherence relating to regulator guidelines/ compliance.

- To devise incentive structure for recovery team and collections agency.

- Experience in both Soft and Hard bucket collections.

- To work in close coordination with the business, Credit and Risk teams.

- To co-ordinate with the legal department for inputs and related functional support ensuring timely filing of legal cases, monitoring of monitoring actions under SARFAESI act, monitoring legal actions for recovery, appointment of Lawyers for court cases.

Products:-MSME, BL, PL, LAP etc.

Base Location:- Noida

Rohit Sharma