Debt Manager-Recoveries-BIL, Personal Loan & MBL
IDFC FIRST Bank · Delhi
- Experience0–2 yrs
- SalaryNot disclosed
- Work modeonsite
- Levelfresher
- Posted15 Sept 2026
About IDFC FIRST Bank
IDFC FIRST Bank is hiring in Delhi in financial services. This role looks for around 0+ years of experience.
Skills
- Collection processes
- Legal guidelines
- MIS reporting
The role
A collections manager at a banking and lending company oversees debt recovery for personal loans and business lending, tracking delinquency and coordinating agency collections. The role applies collection processes, legal guidelines, and MIS reporting to manage default accounts and recovery outcomes.
Full job description
Job Requirements
Job Requirements
Role/Job Title –Collection Manager-BIL, Personal Loan and MBL
Department/Function – Collections
Job Purpose:
The role bearer has the responsibility to plan, organize, direct and oversee the activities of the collections department. It also includes managing the agencies associated with the company in their assigned territory. The role bearer is responsible for the efficiency and optimization of retrieving EMI from the customers and ensuring adherence to all the guidelines laid out by the bank contributing to the larger organizational objectives of the bank.
Roles & Responsibilities:
Responsible for managing and undertaking collections process for debts that have been assignedRegularly track the portfolio for specific buckets for the assigned areaTrack and control the delinquency of the area, Bucket-wise & DPD wise and focus on non-startersResponsible to allocate and achieve targets from agencies/in house teamRegularly follow up with the default customersEnsuring adherence to collection process and legal guidelinesTracing out absconded default customers and initiate recovery processRecommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the casesMaintain data for administrative work related to collection such as updating delinquent account history, providing and maintaining MIS report, reviewing of collection feedback on daily, weekly & monthly basis.
Educational Qualifications:
Graduate – Any
Experience: Minimum of 0-2 Years of relevant experience in Collections