DBS Bank Hiring for Officer, Specialist, Collections, Risk Management Group at Jamshedpur, Jharkhand, India

Risk Management Group works closely with our business partners to manage the bank’s risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure

Job Purpose

• To enhance the recoveries from Charge off acs
• Maintain and manage bucket balances and reduce NPA on the bank’s book

Key Accountabilities

• Work with Debt Collection Agencies & Branches to deliver on Target performance in Pre-charge off as well as Post-Charge off buckets
• Track Debt Collection Agencies (DCA) performance on a daily & monthly basis against MTD target v/s achievement & issuing performance letters monthly
• Reconciliation of payments collected along with receipts on a daily basis, to check for any fraud/siphoning of funds by DCA staff
• Perform Audit on DCA by conducting site-visits on a semi-annual basis; Perform Annual review on the Agencies i.e. Financial & reputations; information security & control; on-site review results, service level & yearly performance
• Field visitations on Delinquent accs & monitor DCA’s collections performance & efficiencies, thereby ensuring achievement of monthly targets

Job Duties & Responsibilities

• Manage collection activities of assigned location through team and collection agencies
• Ensure the DCA complies with Bank’s Outsourcing requirement
• Review & investigates customer complaints on DCA
• Review customer’s settlement proposal when raised by the DCA
• Check on timely account allocation to the DCA

Required Experience

• At least 3 years of experience in Retail Collection( Experience in Credit Cards collections is a must)

Education / Preferred Qualifications

• Graduate/Post Graduate along with sound domain knowledge in Retail Collections

Core Competencies

• Good presentation & negotiation skills
• Good interpersonal skills
• Good knowledge of the industry
• Acumen to manage Collection agencies

Technical Competencies

• Good knowledge of Collection tools & techniques
• Knowledge of various Asset products and risks associated with them

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

Primary Location

India-Jharkhand-Jamshedpur

Job

Operations

Schedule

Regular

Job Type

Full-time

Job Posting

Jun 18, 2024, 6:28:46 PM