Job Description

Role & responsibilities

• Ensure timely achievement of collections targets by formulating & executing collections strategy
• 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
• Implement collection strategies at the regional level for efficient collections and recovery of outstanding loans
• Authorize payouts and roll out collection payout structure policy
• Monitor and ensure adherence to collection process and take preventive action against erring agencies / agents; discontinue agencies based on performance
• Partner with regional sales & credit team to ensure quality sourcing
• Identify trouble spots and implement collection related programs

Skills Required