Head of Collections
2 weeks ago
Job Purpose:
Manage the Collections Portfolio across all consumer products of the Bank by providing clear directions and strategies to ensure that the team targets are achieved.
Key Responsibilities:
- Provide direction to all collection and recovery activities done by the team
- Develop different collections strategies to ensure achievement of delinquency, flow rates, and recovery targets
- Ensure that the team is on track with the goals set by the Bank
- Communicate the goals and directions clearly and effectively to the team
- Develop different policies that will help mitigate the delinquencies for all buckets
- Work hand in hand with the collection officers in setting the KPIs and monthly targets for the Collections Analysts
- Drive team productivity and effectivity to improve performance
- Create a harmonious working environment for the team
- Source and accredit qualified collection agencies that will help in the recovery efforts
- Establish good relationship with Accredited collections agency & Partners
- Represent the bank in external associations or groups as needed.
- Undertake any other duties and responsibilities as assigned by Management from time to time.
- Update and ensure all Collections SOP are up to date
- Ensure all tickets across Collections are within TAT
Qualifications:
- Bachelor's degree relevant to the role
- Preferably 10 years work experience in Collections, ideally with Unit head or Collections head experience
Preferred Skills:
- Strong analytical, technical, communication, and people management skills
- With keen attention to details
- Self-driven and with strong sense of urgency
- Proficiency in MS Office applications JOB DESCRIPTION Competencies/Skills
- Strong analytical, technical, communication, and people management skills
- Fast learner and with keen attention to details
- Self-driven and with strong sense of urgency
- Proficiency in MS Office applications
- Additional background such as with BSP regulatory knowledge as added value
- With previous history of team leader
- People skill is an added value.
Job Type: Full-time
Work Location: In person
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