Job: Divisional Head Collection – Financial Services-Thane-7yrs+-9-10lakhs

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Title Divisional Head Collection – Financial Services-Thane-7yrs+-9-10lakhs
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Categories Senior Manager Jobs
Salary 9-10lakhs
Total Yrs Of Experience Required 7yrs+
Job Location Thane
Job Description

Our client is a FinTech Non Banking Financial Services Company dedicated to driving Financial Inclusion in the MSME sector. Our client is the only company from India recognized globally by the World Bank/IFC with a gold award in 2019 as ‘Bank of the Year-Asia’ for innovative work in SME financing. The company is an RBI-registered Systemically Important NBFC. Headquartered in Bangalore, we have 110 branches across Karnataka, Gujarat, Maharashtra, Andhra Pradesh, Telangana, Tamil Nadu and UT ,Puducherry with more than 1000 employees.

Our client is looking for “Divisional Head Collections” for Thane location.

1) Knowledge of Collections & Legal is mandatory
2) Team handling experience at least should be handling 5 branches(Team size 40+ peoples). He will be handling 8 branches of Mumbai western and Mumbai Central
3) Report to Zonal Head Collections.


Title: Divisional Head -Collections
Team: Legal & Collections
Purpose of Job:To provide functional support to Field Recovery Teams, Visit Delinquent
Customers, Repossession of Hypothecated Assets, Police Station Visits etc.

Job Components/Responsibilities:
⮚ Handle Specific Divisions for Collections
⮚ Review of Recovery, Tracking every delinquent PAR 1 and Write Off
⮚ Sit out of Regional Office and visit throughout their allocated regions every month basis hub requirements
⮚ Visit Delinquent PAR 1 DPD customers along with RM- Sales, Legal and Hub Manager and Strategize for PAR Reduction as part of Delinquency Management systems & Joint Action Plan Team
⮚ Liaison with Regional Legal Managers and ensure appropriate legal orders are in place for all delinquent accounts. ⮚ Co-ordinate with the Hub Team in Service of LN, LRN, Arbitration Notices, S.138 Notice, Award and all other notices / orders
⮚ Maintenance of MIS on Delinquent Accounts(PAR 1& Write Off)
⮚ Repossession of Hypothecated Assets in co-ordination with Hub Team
⮚ Out of court settlement of recovery matters wherever possible with approval of internal authority
⮚ Getting Periodic PTP from Hub Team, ensuring follow up collection of the same


⮚ Basic Degree
⮚ MS office

⮚ At least 7+ years of total experience is essential with minimum 3-4 years of corporate experience is a mandate.

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