AVP, Collection

How you succeed
To succeed in this role, you'll need to take a customer-centric approach, understanding the unique needs and circumstances of each customer. You'll work closely with them to identify solutions, negotiate payment plans, and provide ongoing support to help them achieve financial stability. Your goal is to find mutually beneficial solutions that meet the customer's needs while also minimizing risk for the bank.

What you will be doing:

• Manage a portfolio of delinquent accounts, working closely with customers to understand their financial situation and develop personalized plans to help them overcome their challenges

• Negotiate payment plans and provide ongoing support to help customers achieve financial stability

• Analyze customer data to identify trends and patterns, and develop strategies to improve collections outcomes

• Collaborate with internal stakeholders, such as credit risk and sales teams, to ensure a cohesive approach to customer management

• Stay up-to-date with industry trends and regulatory requirements, applying this knowledge to improve collections processes and outcomes

What are we looking for:

• A degree holder in Risk Management. Banking, Account, Finance, Business Administration or related discipline

• Minimum 10 years of relevant experience as team leader role on debt recovery operation of various Secured and Unsecured Consumer products.

• Knowledgeable in legal litigation procedures and regulatory Compliance requirements for banks

• Strong communication and negotiation skills, with the ability to work effectively with customers and internal stakeholders

• Analytical and problem-solving skills, with the ability to analyze complex data and develop creative solutions

• Empathetic and customer-focused, with a passion for helping others

• Ability to work in a fast-paced environment, prioritizing multiple tasks and meeting deadlines