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Banking / Financial Services Jobs
Collection Officer Mumbai Full Time
To enable enhanced business profitability through the effective management of the delinquent portfolio of Retail Lending Loans in the City / Cities managed. To achieve the desired collections efficiencies across products managed Ensure that adequate Collections Intensity of follow up is executed for all Delinquent accounts. Continuously review the location portfolio and report Early Stress Accounts / Potential Delinquent customers to ACM/ RCM; Collections & RISK team. Ensure that all Collections Activities are properly documented in the form of Collections Trails Ensure that all Collections Processes & Risk Governance Mandates rolled out are completely adhered to at each location. Negotiate on critical delinquent accounts and obtain repayments to minimize losses. Liaison with Legal / law enforcement agencies for speedy recovery of delinquent/write off cases. Provide feedback on the effectiveness of Collections Strategies formulated and implemented. Coordination with legal team for all collection legal cases.