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Job Description
Area Recovery Manager – Collections (Tractor Loan)
Roles & Responsibilities
- Manage collections and recovery for the assigned tractor loan portfolio to minimize delinquency.
- Monitor overdue accounts (30+, 60+, 90+ DPD) and ensure timely recovery.
- Develop and implement effective recovery strategies to achieve monthly collection targets.
- Lead, train, and monitor the performance of field collection executives and recovery agents.
- Conduct customer visits and negotiate repayment plans for delinquent borrowers.
- Coordinate with branch sales, credit, and operations teams to resolve collection-related issues.
- Ensure compliance with RBI guidelines, company policies, and ethical collection practices.
- Identify high-risk accounts and initiate early intervention to prevent loan defaults.
- Handle legal recovery cases, repossession processes, and coordination with legal teams when required.
- Maintain accurate records of collection activities, customer interactions, and recovery status.
- Analyze collection MIS reports and prepare daily, weekly, and monthly performance reports.
- Reduce bucket-wise delinquency and improve portfolio quality across the assigned area.
- Resolve customer grievances related to loan repayment and recovery activities.
- Coordinate with external agencies, recovery vendors, and legal partners for efficient recoveries.
- Conduct regular field audits to ensure adherence to collection processes and productivity standards.
- Ensure achievement of recovery, roll-back, and NPA reduction targets.
- Build and maintain strong relationships with branch managers and local stakeholders to support recovery efforts.
- Identify process improvement opportunities to enhance collection efficiency and reduce losses.
Key Skills
- Tractor Loan Collections & Recovery
- Delinquency Management (DPD Buckets)
- Field Collections
- Team Handling & Leadership
- Negotiation & Conflict Resolution
- Legal Recovery & Repossession
- Portfolio & Risk Management
- MIS Reporting & Data Analysis
- Customer Relationship Management
- Knowledge of RBI Compliance and Collection Practices
Skills
SalesCollectionsProcess ImprovementReportingIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
Our motto at Skillab.in is straightforward: accuracy in talent matching. We believe that the ideal candidate must effortlessly mesh with a company's core values, culture, and vision, just as essential machinery pieces must fit together with absolute accuracy for optimal performance. We refer to this as a "hygiene fit" since it combines technical skill and cultural resonance. Why Consider Skillab.in for your company? Hygiene Fit Guarantee: Our meticulous screening ensures every candidate aligns with your Company ethos and technological ambition. Efficiency and Quality: Our tech-driven approach prioritizes quality over quantity, ensuring your Company meets only the most fitting candidates. Proposed Action – Let's make this tangible! anytime soon, how about having a virtual meeting? We can't wait to show you how Skillab.in might enhance your company talent search process. Additionally, putting a face to a name is always a plus!
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