Area Manager - NPA & Write off Recovery - Housing - Collections - Non X - Ahmedabad - Navrangpura - MM

11440

Achieve assigned recovery budgets by timely and effectively complying process guidelines.

1. Maximize recovery from assigned 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 coordination with Legal team/Lawyers for timely filing of Sec 14 and obtaining DM orders & Enforcement of agents for timely and smooth possessions.
4. Ensure support and facilitate disposal of properties in coordination with Disposal team.  
5. Ensure timely allocation of portfolio needs to be done on across team basis demography and volume.
6. Ensure trail/feedback should be manage in M collect and delinquency file.
7. Take adequate steps to ensure collection of receipts (digital modes) and deposition of customer’s payment in respective accounts within timeline.
8. Timely liquidation of possessed properties; building investors network and utilization of digital platform for smooth and profitable disposal transactions.
9. Collaborate with business functionaries for obtaining support in resolving written off accounts.
10. Building team; Employees & Vendors to intensify focus in extracting maximum resolution.
11. Ensure that all the in-house officers  / agencies in the location perform as per defined SLA while reducing costs incurred through vendors
12. Utilization of available Data analytics to formulate strategy on treatment of assigned portfolio.

Qualification - Graduate