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    Job · 15357600

    Axis Bank logo

    RPMG:Portfolio Manager - Reach Market

    Axis Bank · Siliguri · onsite · Posted 50d ago

    Not disclosedFresherfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    RPMG: Portfolio Manager †Reach Market
    INTERNAL USAGE:
    No. of Vacancies:Reports to:Cluster Portfolio Manager
    Is a Team leaderNTeam Size:
    Grade:AM/DM
    Business:Retail BankingDepartment:Retail Portfolio Management GroupSub-Department:
    Location:PAN India
    About Retail Portfolio Management Group
    The RPMG department focuses on the lending business of the bank by offering various loan products like Home Loans, Car Loans, and Personal Loans among others. They also offer working capital loans and Business loans for Small Businesses and is also responsible for the receivables/collections business of the bank
    AbouttheRole
    The Portfolio Manager for reach market is responsible for managing the portfolio of retail loans portfolio, ensuring NPA resolution, and achieving collection targets. This role involves handling the Risk portfolio, achieving resolution and normalization targets, and ensuring compliance with audit procedures.
    Key Responsibilities

    Portfolio Management:

    • Manage the portfolio of retail loan products.
    • Ensure maximum release from the NPA pool by achieving the required resolution target as per the business requirement.
    • Ensure minimum addition to the NPA pool by maintaining the delinquency level.
    • Achieve business targets .

    Operational Management:

    • Oversee the collection process to ensure efficient and effective portfolio management.
    • Monitor and analyze portfolio performance metrics and implement necessary adjustments.
    • Ensure compliance with regulatory guidelines and internal policies.
    • Engage defaulting members through telephone, emails, and physical visits to recover payments on defaulted accounts.
    • Maintain daily activity logs of calls, physical visits, right party contacts, promises to pay, and promises to pay kept.

    Data Analysis and Reporting:

    • Collect, analyze, and interpret data to measure portfolio performance against established KPIs.
    • Generate detailed reports on portfolio metrics and provide actionable insights.
    • Identify trends, patterns, and opportunities for optimization.

    Process Improvement:

    • Continuously evaluate and enhance portfolio management processes and workflows.
    • Identify opportunities to improve efficiency and effectiveness.
    • Implement industry best practices and emerging technologies.

    Qualifications

    Role Proficiencies:

    For successful execution of the job, the candidate should possess the following:

    • Proven experience in portfolio management, preferably within the financial services industry.
    • Strong analytical skills with proficiency in data analysis and interpretation.
    • Excellent project management skills with the ability to prioritize and meet deadlines.
    • Strong interpersonal and communication skills with the ability to collaborate effectively.
    • Ability to manage complex client situations.
    • Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment.
    • Ability to handle pressure and meet deadlines.

    Sourced from foundit

    Skills

    Refer to the Job Description

    About Axis Bank

    Axis Bank logo

    Axis Bank

    Banking

    104.5k+

    employees

    1993

    33 years old

    Mumbai, Maharashtra

    India

    About

    Axis Bank is the third largest private sector bank in India offering the entire spectrum of financial services for personal & corporate banking.

    Industries

    BankingFinancial Services

    Employee ratings

    33,210 reviews

    3.6/ 5

    Culture

    3.4

    Career growth

    3.2

    Work-life

    3.4

    Employees rate it well for

    Work Culture2698Work Life Balance2255Salary2228Work Environment1726Senior Management1412

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