Collections Analyst - Powai Hiranandani Financial Services
Hiranandani Financial Services
Office Location
Full Time
Experience: 3 - 3 years required
Pay:
Salary Information not included
Type: Full Time
Location: Maharashtra
Skills: Analytics, Forecasting, Reporting, Policy review, Training, coaching, Automation, Data analytics, compliance monitoring, Presentation, Key Performance Indicators KPIs
About Hiranandani Financial Services
Job Description
Job Responsibilities Develop and execute comprehensive strategies to optimize recovery processes and reduce delinquency rates. Analyze collection data using advanced analytics to identify trends and actionable insights. Conduct projections and forecasts of collections targets based on historical data and industry trends. Maintain accurate and timely reporting through effective MIS for the collections department. Monitor key performance metrics such as roll rates, collection efficiency, and DSO to drive improvements. Collaborate with credit, risk, and operations teams to align collection strategies with business goals. Design and implement scorecards and KPIs to track and evaluate collection performance. Review and enhance collection policies, implementing best practices for improved outcomes. Provide training and coaching to collection teams to enhance their performance and adherence to strategies. Leverage automation and data analytics tools to improve collections processes and efficiency. Ensure compliance with regulatory requirements and monitor external collection agency performance. Present insights, strategies, and recommendations to senior management and stakeholders.,