Agency Manager

Location: Prakāshamnagar

What you will do

Agency Management:
Lead and manage a network of external collection agencies, ensuring they meet performance targets and adhere to regulatory and company standards.
Field Recovery Strategy:
Develop and implement field recovery strategies to recover overdue accounts, optimize collection routes, and increase recovery rates.
Collections Flows Optimization:
Design and improve collection workflows to enhance recovery efficiency, reduce costs, and improve customer engagement.
Performance Monitoring:
Set KPIs and monitor the performance of collection agencies, ensuring that recovery targets are consistently met.

Collaboration:

Work closely with internal teams (e.g., Operations, Legal, and Customer Support) to coordinate field operations and ensure a seamless recovery process.
Training & Development:
Provide ongoing training and support to agency teams to ensure they are well-equipped with the necessary tools, techniques, and knowledge to succeed in their recovery efforts.
Risk and Compliance Management:
Ensure that all collections practices comply with relevant laws, regulations, and internal policies to avoid legal risks and maintain ethical standards.
Reporting & Analytics:
Regularly report on the performance of field recovery efforts and identify areas for improvement.
Stakeholder Communication:
Maintain clear and regular communication with key stakeholders, including senior leadership, regarding recovery progress and challenges.
Process Improvement:
Continuously evaluate and refine the collections process to optimize results and enhance overall operational efficiency.
What you will need
Educational Background: A Bachelor's degree in Business, Finance, or a related field; advanced degree or certifications in collections or related fields is a plus.

Experience:

Proven experience in managing collections and field recovery teams, preferably within a financial or lending environment.
Field Recovery Expertise:
Deep understanding of field recovery operations, strategies, and best practices in collections.
Agency Management:
Experience in managing external agencies, including performance monitoring, negotiations, and relationship management.
Leadership

Skills:

Strong leadership abilities with a track record of managing and motivating teams to achieve recovery targets.
Communication

Skills:

Excellent communication and interpersonal skills, with the ability to engage with internal teams, agencies, and stakeholders at all levels.
Regulatory Knowledge:
Familiarity with the legal and regulatory frameworks surrounding collections and recovery practices.
Problem-Solving:
Proactive problem-solving abilities with a focus on finding practical solutions to improve collections outcomes.
Customer-Centric Mindset:
Ability to balance collections targets with maintaining positive customer relationships.