Sr. Manager-Head of (Credit Management & Recovery)

Job Description

Job Responsibilities

• Formulating recovery policies and operational procedure:
• Ensure collection target achievement in monthly, Quarterly & Yearly.
• Preparing budgets of recovery and credit collection to ensure proper cash inflow of the company.
• Ensure that adequate and effective internal systems (Chain of command & reconciliation) are in place. To flow up the whole credit lying in the field. Analyze the leakage and weak point of collection of the ground. Ensure & Monitor the reconciliation of money receipts.
• To make effective and special recovery package for customers.
• Issue demand note for payment to non-performing customer accounts (irregular EMI payments) in order to recovery receivables by negotiating payment terms, reschedule due payments and coordinate legal correspondence.
• The given target distributed to the respective MO/SMO/ARM/DRM/RM/ZM and monitors them time to time.
• ? Coordinate Legal notice issue & ensure Return/Re-sale of seize asserts in compliance with approved process, within specified timeframe from the date of seizing assets.
• Maintain appropriate record management process for all the customers and field force.
• Follow up collection target, achievement & report to HOD.

Job Qualification

• Master of Business Administration (MBA) in Any Dicipline