Collection Manager Job Vacancies in Indore

Vyana Core ek advanced Android Enterprise based EMI enforcement infrastructure hai. Hum finance companies aur retailers ko aisi technology provide karte hain jisse financed mobile devices ko remotely manage aur non-payment ki surat mein lock kiya ja sake. Hum Twilio aur Razorpay jaise platforms ko integrate karke ek seamless payment aur recovery system chalate hain.

We are seeking a proactive and dynamic Relationship Manager (RM) to join our team in Indore. The ideal candidate will have 1-2 years of sales experience in SME and working capital products and possess a good understanding of the Indore market and nearby areas. The role involves sourcing industrial clients, building strong client relationships, and driving sales growth.

RBA Finance (P) Ltd. is an RBI-registered NBFC-AFC established in 1996 to finance automobiles, Loan Against Property, and Loans to Micro & Small Enterprises. Over the years, we have become a brand in ourselves by covering a substantial stake in an automobile finance segment from non-banking financial institutions. Our humble beginnings spearheaded our strides into the corporate world and to this day our commitment to nation-building constitutes our core value. We take due cognizance of the fact that we owe our stupendous success to our customers, the unflinching commitment of our employees, and our nationwide presence in 7 states which ensures easy accessibility.COLLECTION OFFICERJob descriptionProfile: Collection OfficerExperience: Minimum 1 year of experience in CollectionLocation: Ahmedabad, Jaipur, Chandigarh, Ludhiana, Jalandhar, Vadodara, Kanpur, Indore, Moradabad.Preferred Industry: Banking And FinanceJob profileTo achieve collection targets of the Respective Branch assigned, ensuring meeting Collection Targets.Meeting the Target on Cost of Collections.Ensuring meeting Targets within cost limit specified on monthly basis.Ensuring legal guidelines comply with the entire collection structure in letters and spirits.Ensure that the collection agencies and executives adhere to the legal guidelines provided by the law in force. Ensure adherence to the Code of Conduct.Continuously monitor collection agencies and collection executives to identify fraudulent practices and ensure that no loss is incurred due to such activities.

Designation : Collection OfficerQualification : 12th, GraduationExperience : 1 year Salary : 15000-20000/pmLocation : Indoreindustry : finance Skills Required: Negotiation skills, relationship skills. Affirmative in nature, strong Leadership skills, Clarity of thought and perseveranceJob role & Responsibility DUTIES AND RESPONSIBILITIES- Manage and deliver monthly performance in terms of resolution, rolls backs, recovery rates /values as per target set for the assigned portfolio.-To achieve collection targets of the Respective Branch assigned, ensuring meeting PI Targets, Meeting the Target on Cost of Collections.-Achieve the money collection under principal, fees & charges as per targets.-Regular visit to yard and reporting the discrepancies/complaint item as a visit report. Ensure repo process.-Effectively address disputes, expired etc. cases to prevent any probable escalation and highlight sensitive accounts to Collection Officer to prevent the same. Solving nonstarter cases-Ensure trails updates are recorded in web- collection for follow up on normal portfolio.-Ensure that the resources are optimally used with the number of visits, contacts, PTP conversion ratio etc.-Settlement process involving issue of settlement letters to be in line with approvals received. Ensure nil delay in cash TAT and MIS-posting of payments.-Negotiation skills, relationship skills. Affirmative in nature, strong Leadership skills, Clarity of thought and perseverance.-Working knowledge of computers

Check customers credit and approve or deny applications based on company standards and requirementsNegotiate payment plans with customers and set up loan terms and conditionsMaintain accurate records of loans, analyze the effectiveness of the companys credit control system and implement changes to improve profitability and reduce bad debtsEnsure customers pay on time and chase any overdue invoicesDevelop the credit control system in collaboration with Sales, Marketing, Finance and company executivesImprove and implement debt collection processes when there are any overdue invoices or payments, and initiate legal procedures if necessaryExcellent teamwork, organization and communication skillsStrong analytical skills and an eye for detailAt least a Bachelors Degree in Accounting, Finance, Business, Mathematics or related fieldProven track record of making successful credit decisions

ResponsibilitiesTo achieve collection targets of the area assignedControl bucket flow cases and focus on non-startersEnsuring documented feedback.Ensuring meeting Targets and Meeting the Target on Cost of Collections.Ensuring documented feedback.Ensuring legal guidelines are complied with while repossessing of products, other related matters and audit queries are complied withEnsuring adequate Feet on Street availability area-wise / bucket-wise / segment-wise and controlling bucket flow.Manage productivity by fixing productivity parameters Collection OfficersEnsuring background and reference check of agenciesMonitoring performance against set parameters and Weekly review with the collection executives.Ensuring timely and profitable disposal of seized stock & safe custody of seized productsIdentify and manage training needs the CEs.Support collection officers in legal / police issues.Ensuring timely and profitable disposal of seized stock safe custody of seized products Visit Random customers.Visit Random customers, People Management, Demonstrated success, communication skills and achievement orientation.