Area Collection Manager

Authum Investment & Infrastructure

7 - 12 years

5 - 15 Lacs

Mumbai

Posted:5 hours ago| Platform:

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Skills Required

Mortgage Write Off Lap Collections Npa

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & responsibilities

Area Collection Manager Mortgage (LAP/NPA Focus)

Key Responsibilities:

Portfolio Management:

Monitor and manage the delinquency buckets especially 30+, 60+, and 90+ DPD accounts.
Drive resolution for Non-Performing Assets (NPA) and write-off cases.

Collection Strategy Execution:

Implement and execute bucket-wise collection strategies.
Coordinate with tele-calling, field collection teams, and legal teams for recoveries.

Legal and Recovery Action:

Coordinate and initiate legal actions including SARFAESI, Section 138, and arbitration as applicable.
Follow up with legal counsel, courts, and enforcement agencies for execution.

Agency Management:

Manage and monitor third-party collection agencies for performance, compliance, and productivity.
Conduct regular training and audits for agency staff.

Field Visits and Negotiation:

Conduct field visits for skip tracing, settlement discussion, and asset verification.
Engage with customers for restructuring/settlement when required.

Reporting and Compliance:

Maintain and report MIS on daily/weekly/monthly basis.
Ensure adherence to RBI guidelines and companys internal collection policy.

Preferred candidate profile

Strong knowledge of mortgage/LAP products and recovery mechanisms
Expertise in managing stressed assets and legal proceedings
Excellent negotiation and communication skills
Proven experience in skip tracing and hard collections
Ability to manage teams and agencies effectively
Working knowledge of SARFAESI, DRT, arbitration, etc.

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