Territory Recovery Manager
MumbaiFull-time5–9 yrsPosted 2 days ago
Senior finance role at Muthoot Fincorp in Mumbai. Needs 5+ years and a B.Com.
About the role
The role involves overseeing and managing the recovery and continuity of operations within a specific geographic. He will be responsible for managing a team of Area recovery managers, developing and implementing effective recovery strategies, and ensuring compliance with regulatory requirements.
What you'll do
- Develop and implement effective recovery strategies to minimize losses and maximize recoveries, in line with organizational policies and regulatory requirements
- Continuously review and improve recovery processes, identifying opportunities for efficiency gains and cost reductions
- Oversee a portfolio of business loans, identifying potential risks and opportunities for recovery, and developing targeted recovery plans
- Engage with internal stakeholders, including sales, and risk teams, to ensure alignment and effective communication
- Interact with customers to negotiate repayment plans, settlements, and other recovery-related activities
What you need
- Portfolio management
- Compliance
- Sales
- Risk management
- Audit