KAKarur Vysya Bank
Collections Manager
Mumbai ₹4-8 LPA Posted 24 Jun 2025
FULL TIME
Commercial Banking
overdraft
Cash Credit
Commercial Lending
Secured Loan
Job Description
To ensure that the Collection Portfolio of the Region is under control as specified by the management.
ROLES & RESPONSIBILITIES:
- Setting targets on resolution for each Bucket as per the industry standards or as per the benchmark already set by the bank.
- To create and implement strategy to improve the collections portfolio.
- To manage the Collection agency in their respective location.
- To ensure daily case wise review with the field collection executive.
- To maintain Collection efficiency reports.
- To ensure that the collection executives comply with the companys policy when contacting individuals or corporates to collect the dues.
- To ensure that all the collection executives are DRA certified.
- To monitor field visit reports thereby to ascertain the efficiency of collection.
- To perform random audit with regards to the process.
- To ensure that the field executives are trained enough with regards to debt collection.
- Should know the concept of Cash credit loans, Secured Over Drafts and commercial products.
- Should have worked with Banks.
ELIGIBILITY CRITERIA:
- Proven work experience as Collection Manager.
- In-depth knowledge of performance metrics.
- To be excellent communicator and have superior people skills.
- Multilingual with good pronunciation.
- Organizational and time-management skills.
- Decision-making skills
- To liaise with different departments to ensure smooth functioning of the process.
- UG / PG in any specialization.
- DRA certified.