| Job Purpose | To assist the organization in collecting outstanding dues and Non-Performing Loans (NPLs) for DMS- The Wheels – 2W/3W across all payment buckets, aiming to reduce outstanding amounts. |
| Duties and Responsibilities | 1. Managing Collection Targets Ensure adherence to collection schedules. Attain EMI and penalty collection objectives. Reposition vehicles in cases of defaults. Close cases by securing settlement amounts. Explore diverse customer communication approaches for effective recovery. 2. Vendor Management Appoint collection agencies. Strategize and allocate tasks to agencies. Conduct on-site checks to validate procedural adherence. Ensure prompt payment deposits by Field Officers (FOS). Guarantee timely payments to vendors as per the schedule. Conduct training sessions for agents working with vendors. 3. Executing Recovery Procedures Initiate customer calls for debt recovery. Ensure team compliance with Standard Operating Procedures (SOPs) during customer interactions. Gather customer feedback to improve the collection process. Conduct training sessions to enhance the team's collection skills. 4.Stakeholder Management Conduct regular stakeholder reviews. Align stakeholders with the collection strategy. Realign case priorities based on defined deliverables and objectives. 4. 5. Team Management Participate in recruitment process to identify right talent for various roles in the team Identify high potential talent and provide opportunity to groom them for future roles Provide ongoing coaching, mentoring, and performance feedback to ensure the team's success. Set clear targets, train & motivate the team, and foster a positive and collaborative work environment. |
| Key Decisions / Dimensions | Following decisions are taken by the role: Appointment of Vendors |
| Major Challenges | Managing assertive customers in default Dealing with deliberate defaulters Sustaining a high team morale |
| Required Qualifications and Experience | a) Qualifications Graduate in any stream b) Key skills required • Minimum 8-10 years of work experience in a finance industry in recoveries of two wheelers • Experience of managing a team is required • Communication Skills & Stakeholder Management • Good knowledge and connect with legal entities • Leadership qualities • Result Oriented Mindset • Good team player • Motivation skills |
