AddressCollections Strategy Role
Responsibilities:
- To Monitor Bucket wise Collection efficiency as per the target & achievement.
- To do Projection, Forecast and validate Monthly, Quarterly & Yearly collection targets.
- To do NPA projections.
- To Prepare & implement various standard collection MIS like flow rates, GNPA, Daily bucket-wise position, Delinquency measurement, DRR Shortfall, etc.
- To prepare and publish the Business dashboard and Collection performance reports senior management.
- To design Incentive scheme based on the portfolio to control the delinquency bucket.
- To calculate the incentives payout based on the scheme.
- To prepare Cost Budget and track utilization against it for Collections.
- To prepare the manpower budget for collection unit based on portfolio.
- Implement collection strategy for improvement of collection performance.
- To design contest for improving collection efficiency and monitor the same.
