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22 Muthoot Capital Services Jobs

AREA MANAGER - COLLECTIONS

2-8 years

Panipat, New Delhi

1 vacancy

AREA MANAGER - COLLECTIONS

Muthoot Capital Services

posted 1hr ago

Job Description

  • Recruit and train the collections team for effective collections recovery
  • Monitor review the activities of the regional collections teams for the achievement of collections targets
  • Ensure adherence to collection processes in the region, i.e., system allocation, tracking, monitoring delayed cash deposition; identifying reporting fraudulent practices
  • Execute collection strategies at the area level for efficient collections and recovery of outstanding loans
  • Monitor and ensure adherence to collection process and report the fraudulent practices of agencies / agents
  • Submit recommendations to regional collections manager for discontinuing agencies based on performance
  • Submit recommendations to regional collections manager for discontinuing agencies based on performance
  • Partner with local sales credit to ensure quality sourcing
  • Responsible for managing delinquency across buckets and maintain the delinquency rates within monthly, yearly targets
  • Oversee and manage the team of Collection executives in the region
  • Undertake regular customer visits for follow up and collection of overdue payments
  • Obtain daily updates from all collection executives on delinquent portfolio initiate detailed account level review of high ticket accounts
  • Provide weekly, monthly follow up reports for all delinquent accounts in the portfolio
  • Coordinate with law firms, initiate legal actions against NPA accounts, re possession and sale of property
  • Empanel manage Debt Collection Agencies, Cheque Pick up agencies and law firms
  • Effectively manage up skill the Collection team along with allocation of workload
  • Any other responsibility as may be assigned from time to time by the Competent Authority.

Employment Type: Full Time, Permanent

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5.0
 Rating based on 2 Area Collection Manager reviews

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Area Collection Manager salary at Muthoot Capital Services

reported by 6 employees with 8-15 years exp.
₹5 L/yr - ₹9.6 L/yr
23% less than the average Area Collection Manager Salary in India
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What Muthoot Capital Services employees are saying about work life

based on 225 employees
56%
88%
51%
98%
Strict timing
Monday to Saturday
Within city
Day Shift
View more insights

Muthoot Capital Services Benefits

Job Training
Health Insurance
Soft Skill Training
Team Outings
Free Transport
Work From Home +6 more
View more benefits

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