Overview:
The Regional Collections Manager is a key role within the organisation responsible for overseeing the collections operations across Karnataka region. The successful candidate will play a vital role in managing and optimising the performance of the collections team ensuring compliance with company policies and regulations and driving the achievement of collection targets.
Key Responsibilities:
- Develop and implement collection strategies to meet and exceed regional targets.
- Provide leadership and guidance to the collections team to ensure high performance and productivity.
- Monitor and analyse collection trends identifying areas for improvement and implementing appropriate actions.
- Ensure compliance with legal and regulatory requirements in the collections process.
- Collaborate with other departments to streamline processes and enhance overall collections efficiency.
- Conduct regular performance evaluations and provide feedback and coaching to the team members.
- Prepare and present reports on collection activities performance and areas for improvement.
- Manage relationships with external agencies and service providers to support collections efforts.
- Drive continuous improvement initiatives within the collections function through innovative ideas and best practices.
- Ensure accurate and timely documentation of all collection activities and customer interactions.
- Participate in the development and implementation of new collection technology and software tools.
- Resolve escalated customer issues and negotiate payment arrangements when necessary.
- Stay updated on industry trends and best practices to maintain a competitive edge in collections.
- Travel within the region to various collection offices and external partners as needed.
Required Qualifications:
- Bachelors degree in Business Administration Finance or any related field.
- Proven experience in a senior collections management role preferably within a regional or multisite capacity.
- Demonstrated ability to lead and motivate a highperforming collections team.
- Indepth knowledge of collections laws and regulations.
- Strong analytical skills with the ability to interpret data and identify trends.
- Excellent communication and interpersonal skills for effectively engaging and negotiating with stakeholders.
- Proficiency in using collections software and tools to streamline processes and enhance productivity.
- Ability to work under pressure and meet tight deadlines while maintaining a high level of accuracy.
- Strategic thinker with a focus on driving results and continuous improvement.
- Proven track record of meeting and exceeding collection targets and KPIs.
- Detailoriented with strong organiational and time management abilities.
- Adaptability to changing business needs and a dynamic collections environment.
- Professional certification in collections or related field is a plus.
- Willingness to travel frequently within the specified region.
- Strong commitment to ethical and compliant collections practices.
negotiation,communication,agency leadership