Collection Team Leader
Storm Financial Services
Collection Team Leader
Storm Financial Services
Goregaon West, Mumbai/Bombay
₹25,000 - ₹34,000 monthly*
Fixed
₹25000 - ₹30000
Average Incentives*
₹4,000
Earning Potential
₹34,000
You can earn more incentive if you perform well
Job Details
Interview Details
Job highlights
Urgently hiring
81 applicants
Benefits include: PF
Job Description
Job Title: Collection Team Leader
Department: Collections
Location: Goregaon
Reporting To: Collection Manager / Regional Head
Job Summary: The Collection Team Leader will be responsible for supervising a team of collection executives/agents to ensure timely recovery of dues, adherence to collection targets, and compliance with company policies. The role requires strong leadership, analytical, and communication skills to motivate the team and achieve high performance.
Key Responsibilities:
- Supervise and manage a team of collection executives to achieve monthly and quarterly recovery targets.
- Monitor daily collection calls, field visits, and follow-ups for overdue accounts.
- Allocate accounts to team members based on priority and performance.
- Ensure adherence to company policies, regulatory guidelines, and code of conduct during collection activities.
- Handle escalated customer cases and negotiate settlements within approved parameters.
- Prepare and present daily/weekly/monthly performance reports to management.
- Conduct regular team meetings, training, and performance reviews to enhance productivity.
- Coordinate with other departments (Accounts, Legal, and Operations) for smooth recovery processes.
- Ensure timely updating of collection data in the system (CRM or MIS).
- Motivate, guide, and support team members to improve efficiency and maintain discipline.
Key Skills & Competencies:
- Strong leadership and team management skills
- Excellent communication and negotiation abilities
- Target-driven and result-oriented
- Good knowledge of loan products and recovery procedures
- Proficiency in MS Excel, MIS, and CRM tools
- Ability to handle pressure and conflict situations professionally
Qualifications & Experience:
- Bachelor’s degree in Commerce, Finance, Business Administration, or equivalent
- Minimum 3–5 years of experience in loan collection/recovery, with at least 1–2 years in a team leader or supervisory role
- Experience in NBFC / Banking / Financial Services preferred
Employment Type: Full-time
Salary: As per company standards
For More Details you can contact 9529237471
Job role
Work location
Harmony Mall, New Link Road, Sejal Park, Colony No 1, Bhagat Singh II, Goregaon West, Mumbai, Maharashtra, India
Department
Banking / Insurance / Financial Services
Role / Category
Debt Collections / Recovery
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 3 years
Education
12th Pass
Skills
Collection-Debt Recovery, Debt Collection, Business Loans, Debt Recovery, Personal Loans
English level
Basic English
Gender
Any gender
About company
Name
Storm Financial Services
Address
Harmony Mall, New Link Road, Sejal Park, Colony No 1, Bhagat Singh II, Goregaon West, Mumbai, Maharashtra, India
Job posted by Storm Financial Services
FAQs about this job
Show all