Collection Manager - NPA & Write off Recovery - Housing - Collections - Mumbai - AFL House - JM 11433 Achieve assigned recovery & & reversal budgets by timely and effectively complying process guidelines. 1. Maximize recovery from assigned NPA & written off portfolio through closures, settlement and disposal of collateral. 2. Ensure timely initiation and execution of legal tool such as a) Warrants execution under Section -138/ Section -25, b) Timely execution Sarfaesi, Resolution of Fraud transaction by filing FIRs, Attachment of collateral/other properties through Sarfaesi & Arbitration and attachment of bank accounts through Arbitration and other available tools. 3. Ensure support and facilitate disposal of properties in coordination with Disposal team. 4. Ensure trail/feedback should be manage in M collect and delinquency file. 5. Take adequate steps to ensure collection of receipts (digital modes) and deposition of customer’s payment in respective accounts within timeline. 6. Timely liquidation of possessed properties; building investors network and utilization of digital platform for smooth and profitable disposal transactions. 7. Facilitation in liquidation of possessed properties; Connecting with local brokers and facilitating property visits to prospective buyers. Comply with complete auction terms ; Documents , Bids and sale amount deposition. Coordination with respective legal managers to attend courts for early release of orders Possession coordination and Enforcement of Sarfaesi in collaboration with legal team. 8. Collaborate with Collaborate with X bucket team members and other functions for obtaining support in resolving written off accounts. 9. Coordinate and Management of Vendors / In-house team members in terms of driving maximum resolution from assigned portfolio. 10. Coordinate with Central Debt team for smooth Vendor bills clearance. 11. Utilization of available Data analytics to formulate strategy on treatment of assigned portfolio. Qualification - Graduate
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It is a Full Time Accountant job for candidates with 2 - 6+ years Experience.
More about this Collection Manager - Non-Performing Assets and Write-Off Recovery job
What are the eligibility criteria for this Collection Manager - Non-Performing Assets and Write-Off Recovery job?
Ans : Candidates should have All Education levels with 2-7 years of experience for this Collection Manager - Non-Performing Assets and Write-Off Recovery job offered by Tata Capital Finance Limited in Neral, Mumbai.
What salary is offered for this Collection Manager - Non-Performing Assets and Write-Off Recovery job?
Ans : Salary details will be shared during the hiring process.
What shift and timings does this job follow?
Ans : This Collection Manager - Non-Performing Assets and Write-Off Recovery job follows a Day shift.
Do you need to visit the office for this job?
Ans : Yes, candidates need to visit the office and work from the location in Neral, Mumbai.
How many vacancies are there for this Collection Manager - Non-Performing Assets and Write-Off Recovery job?
Ans : There is 1 vacancy for this Collection Manager - Non-Performing Assets and Write-Off Recovery role.
Is this job open for all genders?
Ans : Yes, this Collection Manager - Non-Performing Assets and Write-Off Recovery job is open for both male and female candidates.
What is the job location for this position?
Ans : The job location for this Collection Manager - Non-Performing Assets and Write-Off Recovery position is Neral, Mumbai.
What makes this Collection Manager - Non-Performing Assets and Write-Off Recovery job a good opportunity?
Ans : The employer has not disclosed the salary for this role, but it is a Full Time opportunity with 1 opening.