Kotak Mahindra Bank
Customer Assistance Manager-Consumer Durables-Hardship Assistance Unit
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Manage collections and asset recovery for retail loan portfolios, including delinquent account resolution, repossessions, recovered-asset sales, agency coordination, team guidance, field support, legal actions, and regulatory compliance.
We are looking for a dynamic and experienced Portfolio Manager to oversee collections and asset recovery for retail loan portfolios. The ideal candidate will have a strong background in collections, team management, and legal coordination, with the ability to operate both strategically and on the ground.
ResponsibilitiesCollections Management:
Monitor and maintain collection efficiency across assigned portfolios.
Ensure timely follow-ups and resolution of delinquent accounts.
Analyze collection trends and implement corrective actions.
Repossession & Recovery:
Manage repossession activities in coordination with repossession agents.
Oversee the sale of repossessed assets to maximize recovery.
Ensure compliance with legal and regulatory requirements during repossession.
Agency & Field Coordination:
Liaise with external collection agencies and field executives.
Provide training and guidance to the collections team.
Conduct field visits when necessary to support recovery efforts.
Legal & Compliance:
Coordinate with legal teams for initiating and following up on legal actions.
Ensure all documentation and processes are in line with bank policies and regulatory norms.
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