Job Description

About Commercial Banking Group:

The Commercial Banking Group is responsible for delivering One Axis to clients with a turnover between Rs 10 Crs. to Rs 250 Crs. by offering products and solutions around forex, trade, payments, cash management and tax payments along with retail products like salary, trust services, forex, commercial card, credit cards etc


About the Role:

The Collections team is responsible for monitoring the portfolio for irregularities in various buckets and managing the receivables. A Circle Collections Head works closely with the Circle Head, Centre Heads, RMs and analysts as a part of the collections process. They monitor the irregularities in various buckets like 8 - 30 DPD, 31 - 60 DPD, 61 - 90 DPD and 90+ and then make use of collections strategies relevant to the scenario.


Key Responsibilities

• Responsible for leading the Collections efforts in the designated Circle
• Ensuring effective monitoring and frequent review of the portfolio and applying relevant collections strategies in adherence to the policy
• Containment of irregularity levels in various buckets i.e. 8 - 30 DPD, 31 - 60 DPD; 61 - 90 DPD and 90+
• Containing incremental NPAs (NPA additions) in the portfolio
• Triggering legal action on accounts in line with the policy
• Recoveries/upgrades in coordination with the other teams
• Providing feedback to Coverage/Product/Risk teams wherever applicable
• Monitoring accounts appearing irregular due to No Credit, Non-Renewal, Non-submission of stock statements
• Gathering market intelligence by building a network with collections teams across organizations

Qualifications:

Optimal qualification for success on the job is:


• CAs/Graduate/Post Graduate
• Prior experience in managing corporate collections preferred

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:


• Good communication skills
• Process orientation
• Understanding of legal acts and principles

•#ComeAsYouAre "We are dil se open. Women, LGBTQIA+ and PwD candidates of all ages are encouraged to apply"•