Collection Manager- Business- Lending Collections
MiddleOn-site (Sonipat)Salary undisclosed
Job Description
Job Title: Collection Manager
About the Team:
The Collections team is responsible for managing overdue accounts, driving recovery performance, monitoring collection teams and agencies, and ensuring adherence to applicable regulatory guidelines and internal policies.
About the Role:
The Collection Manager will be responsible for managing collection operations across the assigned territory, leading a team of collection executives, driving collection targets, and ensuring effective portfolio management. The role requires strong team leadership, field execution, performance monitoring, and stakeholder management skills.
Key Responsibilities:
• Drive and achieve collection targets for the assigned territory and portfolio.
• Lead, manage, and motivate a team of collection executives and field officers to achieve business targets.
• Monitor team productivity, performance, attendance, and daily collection activities.
• Develop and implement effective collection strategies to improve recovery rates and control delinquency.
• Review daily and monthly collection MIS and take corrective actions to improve team performance.
• Monitor collection agencies and ensure adherence to defined processes and performance benchmarks.
• Manage escalations related to overdue accounts, customer concerns, and field collection activities.
• Ensure adherence to applicable regulatory guidelines, internal policies, and the Code of Conduct.
• Identify operational gaps, fraudulent practices, and risks withi
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