Manager, Collections

Mumbai, Maharashtra, India | Risk Servicing | Full-time

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Job Title: Manager – I, Collections

Location: Mumbai
Timings: 11:00 PM – 8:00 PM

 

About the Role

We are looking for a proactive Manager – I (Collections) to manage end-to-end collections activities while directly leading a team of 4–5 collections agents/interns. The role focuses on driving recovery performance, team productivity, compliance, and continuous process improvement.

 

Key Responsibilities

 

  • Manage and supervise a team of 4–5 collections associates, ensuring achievement of individual and team-level collection targets.

  • Allocate daily workloads, monitor performance, and provide regular coaching, feedback, and performance reviews.

  • Track overdue accounts, analyze delinquency buckets, and define follow-up and escalation strategies.

  • Review and approve follow-up actions, settlement proposals, and payment plans within delegated authority.

  • Handle escalated customer cases and support complex negotiations.

  • Ensure accurate maintenance of collections data, MIS, and reporting dashboards.

  • Coordinate with Credit, Legal, Finance, and Sales teams for dispute resolution and recovery actions.

  • Ensure strict adherence to regulatory, legal, and internal compliance guidelines related to collections.

  • Support initiation of legal actions and follow-ups with external counsel when required.

  • Identify gaps in processes and recommend improvements to enhance recovery efficiency.

Key Skills & Competencies

 

  • Strong team management and people-development skills

  • Solid understanding of collections, receivables, and credit risk management

  • Effective negotiation, communication, and stakeholder management abilities

  • Analytical skills with hands-on experience in MIS and reporting

  • Proficiency in MS Excel and collections/CRM systems

Qualifications & Experience

 

  • Bachelor’s degree in Commerce, Finance, Business Administration, or a related field

  • 4–6 years of collections experience, with minimum 2–3 years managing a team of 4–5 members

  • Experience handling escalations and compliance-driven collections is preferred

  • Preferred from B2B collections