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2 IDFC FIRST Bank Debt Manager Jobs

Debt Manager

2-7 years

₹ 5.75 - 9.05L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Kolkata, Kanpur, Lucknow

3 vacancies

Debt Manager

IDFC FIRST Bank

posted 16d ago

Job Description

Role/ Job Title: Debt Manager

Function/ Department: Debt Management

Job Purpose:

The role bearer has the responsibility to plan, organize, direct and oversee the activities of the department. It also includes managing the agencies associated with the company in their assigned territory. The role bearer is responsible for the efficiency and optimization of retrieving EMI (Equated monthly instalment) from the customers and ensuring adherence to all the guidelines laid out by the bank contributing to the larger organizational objectives of the bank.

Roles & Responsibilities:

  • Responsible for managing and undertaking collections process for debts that have been assigned.
  • Regularly track the portfolio for specific buckets for the assigned area.
  • Track & control the delinquency of the area, Bucket-wise & DPD (Days Past Due) wise and focus on non-starters.
  • Responsible to allocate and achieve targets from agencies/ in house team.
  • Regularly follow up with the default customers.
  • Ensuring adherence to collection process and legal guidelines.
  • Tracing out absconded default customers and initiate recovery process.
  • Recommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the cases.
  • Maintain data for administrative work related to collection such as updating delinquent account history, providing and maintaining MIS report (Management Information System), reviewing of collection feedback on daily, weekly & monthly basis.

Education Qualification:

Graduation: Any Graduation

Experience: 2 to 5 years of experience



Employment Type: Full Time, Permanent

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What Debt Manager at IDFC FIRST Bank are saying

3.4
 Rating based on 51 Debt Manager reviews

Likes

Nothing to like in IDFC FIRST BANK

Dislikes

I have Joined IDFC first Bank as thinking that I was a bank with good ethics but was worst the the small NBFCs with no work culture.Never Join IDFC First Bank to ruin your Career Politics done by Zonal & Regional Manager are worst to save their own neck by taking resignations from DM and TDMs. No HR support No Job security they jus..Read More

  • Salary - Poor
  • +6 more
Read 51 Debt Manager reviews

Debt Manager salary at IDFC FIRST Bank

reported by 237 employees with 2-11 years exp.
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₹3.6 L/yr - ₹13 L/yr
8% more than the average Debt Manager Salary in India
View more details

What IDFC FIRST Bank employees are saying about work life

based on 10.3k employees
51%
46%
53%
99%
Strict timing
Monday to Saturday
Within city
Day Shift
View more insights

IDFC FIRST Bank Benefits

Submitted by Company
Free Transport
Child care
Gymnasium
Cafeteria
Work From Home
Team Outings +4 more
Submitted by Employees
Health Insurance
Job Training
Soft Skill Training
Work From Home
Free Transport
Cafeteria +6 more
View more benefits

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IDFC FIRST Bank Mumbai Office Location

View all
Mumbai, Maharashtra Office
Headquarter
IDFC FIRST Bank Tower, The Square, C-61, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra. Mumbai, Maharashtra
400051

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