Divisional Manager- Vehicle Loans (Collection)

Role & responsibilities

• Manage end-to-end collection activities for Bucket 1 to 3 across the assigned division.
• Develop and execute strategies to minimize delinquency and improve recovery percentages.
• Monitor bucket-wise collection performance (30+, 60+, 90+).
• Ensure achievement of monthly, quarterly, and annual collection targets.
• Supervise and mentor Area Collection Managers and Collection Executives.
• Coordinate with Legal, Operations, Credit, and Sales teams for effective resolution of delinquent accounts.
• Ensure compliance with RBI guidelines and internal collection policies.
• Manage repossession, settlement, auction, and legal recovery processes wherever applicable.
• Conduct regular field visits to monitor collection activities and support critical recoveries.

Preferred candidate profile

• 7 to 12 years of experience in Vehicle Collections/Recovery.
• Minimum 5-7 years of experience into Team handling or Managerial role.
• Experience in Banking/NBFC or vehicle collections preferred.
• Graduate in any discipline (MBA Preferred)
• Age- Must be less than 40.