Collection Manager - NPA & Write off Recovery - Housing - Collections - Mum at Tata Capital

Thane, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

11 Sep, 26

Salary

0.0

Posted On

13 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

NPA Recovery, Debt Collection, Sarfaesi Act, Legal Execution, Collateral Disposal, Portfolio Management, Data Analytics, Vendor Management, Arbitration, Asset Liquidation, Settlement Negotiation, Fraud Resolution

Industry

Financial Services

Description

11433 Achieve assigned recovery & & reversal budgets by timely and effectively complying process guidelines. 1. Maximize recovery from assigned NPA & written off portfolio through closures, settlement and disposal of collateral. 2. Ensure timely initiation and execution of legal tool such as a) Warrants execution under Section -138/ Section -25, b) Timely execution Sarfaesi, Resolution of Fraud transaction by filing FIRs, Attachment of collateral/other properties through Sarfaesi & Arbitration and attachment of bank accounts through Arbitration and other available tools. 3. Ensure support and facilitate disposal of properties in coordination with Disposal team. 4. Ensure trail/feedback should be manage in M collect and delinquency file. 5. Take adequate steps to ensure collection of receipts (digital modes) and deposition of customer’s payment in respective accounts within timeline. 6. Timely liquidation of possessed properties; building investors network and utilization of digital platform for smooth and profitable disposal transactions. 7. Facilitation in liquidation of possessed properties; Connecting with local brokers and facilitating property visits to prospective buyers. Comply with complete auction terms ; Documents , Bids and sale amount deposition. Coordination with respective legal managers to attend courts for early release of orders Possession coordination and Enforcement of Sarfaesi in collaboration with legal team. 8. Collaborate with Collaborate with X bucket team members and other functions for obtaining support in resolving written off accounts. 9. Coordinate and Management of Vendors / In-house team members in terms of driving maximum resolution from assigned portfolio. 10. Coordinate with Central Debt team for smooth Vendor bills clearance. 11. Utilization of available Data analytics to formulate strategy on treatment of assigned portfolio. Qualification - Graduate

Responsibilities

Manage the recovery of NPA and written-off portfolios through settlements, collateral disposal, and the execution of legal tools like Sarfaesi and Arbitration. Coordinate with legal teams, vendors, and investors to liquidate possessed properties and ensure timely payment depositions.