Regional Collections Manager
Muthoot Housing Finance Company Limited is seeking a Regional Collections Manager for their Andhra Pradesh and Telangana region. The role involves overseeing the collection process, managing field teams, and monitoring delinquent accounts to ensure efficient portfolio performance. The ideal candidate brings extensive experience in home loans and LAP collections within the financial services sector. This position requires strong leadership skills and a deep understanding of collection recovery processes.
50k new jobs listed every day. Install TAL to find more jobs like this.
Experience
8+ years
Function
Finance
Work mode
Onsite, India
Company
Tier 2
What you will work on
Muthoot Housing Finance Company Limited is seeking a Regional Collections Manager for their Andhra Pradesh and Telangana region. The role involves overseeing the collection process, managing field teams, and monitoring delinquent accounts to ensure efficient portfolio performance. The ideal candidate brings extensive experience in home loans and LAP collections within the financial services sector. This position requires strong leadership skills and a deep understanding of collection recovery processes.
TAL's take
Solid role at an established financial institution with clear regional responsibility and management scope.
Role requirements, regional focus, and specific experience targets are clearly defined.
Must haves
- 8+ years experience in collections and recovery
- Experience in home loans or LAP portfolios
- Strong team handling experience
- Experience in field collections and portfolio management
- Bachelor's degree
Tools and skills
Nice to have: sarfaesi act knowledge, sec 138 knowledge.
About the company
Established housing finance subsidiary of the Muthoot Pappachan Group.
Posts mentioning Muthoot Housing Finance Company Limited
Google Partners with Muthoot Finance to Boost Credit Accessibility in India
- Google Pay partners with Muthoot Finance, India's largest gold-backed loans provider, to offer secured loans across India. - The move aims to expand credit accessibility in a market where traditional lending often falls short. - Gold holds unique significance in India, with about 1 billion people spending roughly ₹1 trillion annually on gold imports. - Google's initiative taps into the cultural and economic importance of gold, potentially opening new avenues for millions to access formal credit. - Google Pay is among the most popular payment apps in India, processing more than 37% of the 15 billion monthly transactions on UPI. Source: [Techcrunch](https://techcrunch.com/2024/10/03/google-taps-india-love-for-gold-to-boost-its-credit-play/)
Suggestion on corporate bonds
I am thinking of investing 10 lakhs in corporate bonds. I shortlisted a few bonds which are somewhat good in rating (greater than A). I don't want to risk my money. So, I am looking for a bond for a short duration which is less than 15 months. My shortlisted ones are Navi Finserv, Vivrithi capital, iifl samasta, Muthoot microfin. Please suggest the best one from this list and please share your personal experience with corporate bonds.
RBI's Crackdown on Gold Loan Practices Hits Lenders
- **RBI** has called for corrective measures in gold loan practices within three months. - **Muthoot Finance** fell 3.9% and **Manappuram Finance** declined 1.9% due to concerns over **ROAs**. - Issues include improper valuation, LTV breaches, and inadequate governance with fintechs. - **IIFL Finance** rose nearly 0.5%, while private banks ended flat or lower. - Analysts see this as a good entry point for Muthoot Finance despite regulatory concerns. Source: [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/gold-loan-companies-slip-as-rbi-orders-corrective-measures-for-lapses/articleshow/113867489.cms), [Business News India](https://www.businesstoday.in/personal-finance/news/story/rbi-demands-gold-loan-lenders-address-irregular-practices-within-3-months-448334-2024-10-02), [Mint](https://www.livemint.com/industry/banking/gold-loans-asset-class-fintechs-rbi-warning-11727784852546.html)