Job Title:
State Collections Manager - Vijayawada
Company: Hiranandani Financial Services
Location: Vijayawada, Andhra Pradesh
Created: 2025-11-06
Job Type: Full Time
Job Description:
Role & responsibilities Strategy Development:Create and implement effective strategies for debt recovery and collections in assigned regions, ensuring compliance with laws, regulations, and company policies. Team Leadership:Lead and supervise a team of collections professionals, providing guidance, training, and support to maximize their performance and meet collection targets. Performance Monitoring:Track and analyze collection metrics, including delinquency rates, recovery rates, and payment behaviors, to identify trends, areas for improvement, and potential risks. Portfolio Management:Oversee collections portfolio management, prioritizing accounts, reviewing payment plans, negotiating settlements, and initiating legal actions when needed. Customer Interaction:Address customer inquiries on delinquent accounts, resolving disputes, and assisting with payment options or debt resolution. Reporting:Prepare and present regular collections activity reports, trends, and outcomes to senior management for informed decision-making and continuous improvement. Cross-Department Collaboration:Work closely with sales, customer service, and finance teams to improve collections effectiveness and reduce customer delinquency. Process Improvement:Identify and implement process enhancements, automation, and technology solutions to streamline operations, boost productivity, and optimize recovery rates.