IDFC FIRST Bank—Associate Debt Manager-Recoveries

Job description

Description: Job Requirements Job Requirements Job Description: Position: Associate Debt Manager-Recoveries Company Name: IDFC FIRST Bank Job Type: Full-Time Job Category: Retail Banking Department: Retail Banking > Debt Management-Recoveries > Field > 2 Wheeler & Pre-Owned Cars Location: Delhi, India IDFC FIRST Bank is seeking a highly motivated and results-driven individual to join our team as an Associate Debt Manager-Recoveries. As a leading bank in the retail banking sector, we are committed to providing our customers with the best financial solutions and services. We are looking for a candidate who shares our passion for excellence and is dedicated to helping us achieve our goals. Key Responsibilities: - Manage the recovery process for 2 wheeler and pre-owned car loans in the assigned territory - Monitor and track delinquent accounts and take necessary actions to recover outstanding amounts - Conduct field visits to customers' homes and workplaces to negotiate and collect payments - Build and maintain relationships with customers to understand their financial situation and provide appropriate solutions - Collaborate with internal teams such as legal, risk, and collections to ensure timely and effective recovery - Prepare and submit reports on recovery activities and progress to the management team - Stay updated on industry trends and regulations related to debt management and recovery Qualifications: - Bachelor's degree in finance, business administration, or a related field - Minimum of 2 years of experience in debt management and recovery, preferably in the retail banking sector - Knowledge of 2 wheeler and pre-owned car loan products and processes - Strong negotiation and communication skills - Ability to work independently and in a team environment - Proficient in MS Office and other relevant software - Willingness to travel within the assigned territory We Offer: - Competitive salary and benefits package - Opportunities for career growth and development - A dynamic and inclusive work environment - Training and support to enhance your skills and knowledge If you are a self-motivated and results-oriented individual with a passion for debt management and recovery, we want to hear from you! Apply now to join our team at IDFC FIRST Bank. Skills: debt management, recovery process management, negotiation, 2 wheeler loan recovery, pre-owned car loan recovery, delinquent account monitoring, field visits, skip tracing techniques, financial reporting, legal compliance, data analysis, delinquency trend analysis, account reconciliation, personal branding, problem solving, learning agility, financial analysis, regulatory knowledge, developing people, relationship building, fraud detection, loan restructuring