Job Description

  • POSITION DESCRIPTION

JOB TITLE : Agency Manager-Collections Vehicle Finance

GRADE : DM-II

DEPARTMENT : Collections

LOCATION : Cluster / Branch

SUB-DEPARTMENT : Vehicle Finance

TYPE OF POSITION : Full-time

REPORTS TO : Area Collection manager

REPORTING INTO

NA

  • ROLE PURPOSE & OBJECTIVE
  • This role is vital as it is end to end vendor management, agency shall be handling, Portfolio across DPD buckets, NPA & Write-off accounts, key area consists of agency man power handling, proper allocation, daily recovery & audit management as per company norms
  • Managing recovery through the set of agency team, coordinating between agency and company, sharing necessary details to agency, daily cash handling & ensure timely payout release
  • SIZE OF THE ROLE

FINANCIAL SIZE

NON-FINANCIAL SIZE

  • Portfolio Managed – 3k accounts with 60 cr. portfolio
  • Number of vendors/ consultants – one or more as per the area allotted
  • Number of portfolio products – Micro Banking, Vehicle Finance & Personal Loan
  • KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business/ Financials (Only Relevant roles)

  • Planning & Strategy
  • Responsible of handling entire collection agencies operation
  • Onboarding of new agencies as per area portfolio in delinquency
  • Planning of allocation and proper distribution of portfolio with strong execution
  • Ensure the recovery targets are met across all buckets.
  • Driving collections of interest, bounce charges & other charges
  • Maintaining of account wise strong feedback mechanism
  • Drive collection strategy as per the portfolio and area understanding.
  • Driving settlements & repossession of vehicles as per targets.
  • Budgeting
  • To work on increasing the productivity
  • Need to work on cost to recovery ratio and ensure cost low at anytime
  • Manpower Planning & Sales Planning
  • Proper manpower planning as per portfolio in the given area
  • Plan agency/team wise targets to achieve the monthly targets
  • Core Function Areas of Responsibility(AORs)
  • Ensure proper allocation for agency teams and drive for productivity
  • Ensure regular field visits along with the agency teams for better control
  • Provide all necessary legal action support to agency to perform better
  • Ensure collection software utilization if any at the fullest extent

Customer (Both Internal & External)

  • Customer centric AORs
  • Regular contacts with customers on daily basis and also ensure skip tracing for prevention of loss
  • Ensure and maintain fair collection practice from agency staffs
  • Stakeholders interactions
  • Coordination with IT, Business, credit, vigilance, operations and collection back end teams

Internal Process

  • Compliance to SLA/Policies/Processes
  • Responsible and adhere to onboarding process as defined by the company
  • Periodic agency review and submit the report to seniors
  • Ensure Renewal of agreement & all other regulatory aspects regularly
  • Process Management/ Process Excellence
  • Ensure in adhering the fair practice code of conduct
  • To ensure and complete all the necessary process on monthly basis as defined

Innovation & Learning

  • People Management
  • Ensure required manpower is deployed time to time in agency
  • To ensure all the agency staffs are DRA certified within the stipulated time
  • Ensure agency and teams are attending all other trainings as arranged by the company on regular basis
  • MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational

Qualifications

  • Graduate, PGDM/ MBA from a Tier 2 or 3 college preferred

Experience

  • Field experience handling a team in Collections at least for >1 year

Certifications

  • Not required

Functional Skills

  • Team management
  • Fluent in communicating local language
  • Need the team to drive by examples through regular field visits & needs strong executions of strategies
  • Possess tenacity in meeting targets.
  • Take responsibility of effectiveness and timely completion of work.
  • Planning, organizing and time management skill. Should have the ability to prioritize.

Behavioral Skills

  • Strong communication skills with the ability to communicate directly with field staff & customers.
  • Local language skills will be preferred
  • KEY INTERACTIONS

INTERNAL

EXTERNAL

Business Team

Collections & repossession agencies

Vigilance Managers

Customer & family members

Branch Manager and Staffs

Third party Agents

Tele callers & Back hand credit collection team

Police personnel.

Operations Manager

Legal Manager

PREPARED BY

DATE

REVIEWED BY: Collection Team

DATE: 03-06-2024

LAST UPDATED BY: TM Team

DATE: 02-02-2024


Job Details

Role Level: Not Applicable Work Type: Full-Time
Country: India City: Himatnagar ,Gujarat
Company Website: https://www.ujjivansfb.in Job Function: Finance
Company Industry/
Sector:
Other

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