Area Collection Manager- Bad Debts Collection
Mahindra Finance · Palanpur · onsite · Posted 22d ago
₹5.0L - ₹8.0L PA5–7 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
- Drive recovery of overdue and bad debt accounts within the assigned area.
- Develop and execute collection strategies to maximize recoveries and minimize losses.
- Monitor collection efficiency, bucket-wise recovery performance, and portfolio health.
- Manage and guide Collection Officers, Recovery Executives, and agency partners.
- Conduct regular reviews of delinquent accounts and initiate appropriate recovery actions.
- Coordinate with Legal, Operations, and Business teams for resolution of critical cases.
- Engage with customers and negotiate settlements, restructuring, or repayment plans where applicable.
- Oversee repossession, auction, and skip-tracing activities in line with company policies.
- Ensure compliance with regulatory guidelines, company policies, and fair collection practices.
- Monitor agency performance and productivity through periodic reviews and audits.
- Analyze collection trends, identify risk areas, and recommend corrective actions.
- Prepare and present MIS reports on recovery performance, write-offs, legal cases, and collection efficiency.
- Handle escalated and sensitive collection cases within the territory.
Sourced from naukri
Skills
Recovery OperationsCollections StrategyRecovery ManagementDebt ManagementDebt Collectioncollection management
About Mahindra Finance
Mahindra Finance
NBFC
25.3k+
employees
1991
35 years old
Mumbai, Maharashtra
India
₹5L – ₹8L PA
This role
About
Mahindra Finance is a one stop solution for all your financial needs. Explore our various offerings like vehicle loans, SME loans, Fixed Deposit, Mutual Funds, Insurance and many more.
Industries
NBFCFinancial ServicesAnalytics & KPO
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