Legal Manager-Debt Management

IDFC FIRST Bank · Tirunelveli

  • Experience4+ yrs
  • SalaryNot disclosed
  • Work modeunknown
  • Levelmanager
  • Posted18 Sept 2026

About IDFC FIRST Bank

IDFC FIRST Bank is hiring in Tirunelveli in financial services. This role looks for around 4+ years of experience.

The role

A collections legal manager role at a banking organization, responsible for planning, organizing, directing, and overseeing the collections department and managing agencies to optimize EMI recovery. You will manage assigned debt collections, track delinquency by bucket and DPD, follow up with default customers, trace absconded defaulters, recommend legal actions for non-recoverable cases, and work with the legal team to close cases while maintaining MIS and collection reporting. Experience required: 4+ years in collections; graduate or post graduate (any). Location: Tirunelveli, Tamil Nadu, India (work mode not stated).

Full job description

Job Requirements

Job Title – Legal Manager- Collections

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 & 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

Post Graduate – Any

Experience: Minimum of 4 or more years of experience in Collections.