Kotak Mahindra Bank

Collection Executive-Two Wheeler Finance-Collection

Kotak Mahindra Bank  •  Thāne, IN (Onsite)  •  3 months ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

As a Collection Executive, you will be responsible for maintaining and enhancing our company's reputation by effectively managing loan collections. Your primary focus will be on ensuring timely and accurate loan repayments, while also providing excellent customer service. This role is integral to our business, as it helps maintain a healthy portfolio and contributes to the overall success of our Two Wheeler Finance division.
  • Manage and recover loan payments from customers, ensuring timely and accurate repayments.
  • Maintain regular communication with customers to provide updates and resolve any payment-related queries.
  • Identify and address potential payment issues or delinquencies, taking proactive measures to prevent defaults.
  • Collaborate with the finance team to ensure accurate record-keeping and reporting of loan collections.
  • Provide exceptional customer service, ensuring a positive and professional experience during the collection process.
  • Stay updated on industry trends and best practices in loan collection, implementing strategies to improve efficiency.
  • Build and maintain strong relationships with customers, fostering a culture of trust and transparency.
  • Adhere to all legal and regulatory requirements related to loan collections, ensuring compliance at all times.
  • Assist in the development and implementation of collection strategies, contributing to the overall success of the department.
  • Perform any other duties as assigned by the management, ensuring a flexible and adaptable approach to work.
  • A high school diploma or equivalent qualification is required.
  • Prior experience in a collection or customer service role is preferred, with a proven track record of successful collections.
  • Excellent communication and interpersonal skills, with the ability to build rapport and maintain positive relationships.
  • Strong organizational and time management skills, able to prioritize tasks and meet deadlines.
  • Proficiency in using MS Office and other relevant software for data entry and record-keeping.
  • Ability to work independently and as part of a team, demonstrating a collaborative and supportive attitude.
  • A customer-centric approach, with a focus on providing exceptional service and building long-term relationships.
  • Willingness to learn and adapt to new collection strategies and technologies.
  • Strong problem-solving skills, able to identify and resolve issues effectively.
  • A professional and ethical approach to work, maintaining confidentiality and integrity at all times.
Kotak Mahindra Bank

About Kotak Mahindra Bank

About Kotak Mahindra Group:

Established in 1985, the Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to become a bank – Kotak Mahindra Bank Limited.

The consolidated balance sheet of Kotak Mahindra Group is over 1 lakh crore and the consolidated net worth of the Group stands at 13,943 crore (approx US$ 2.6 billion) as on September 30, 2012.

The Group offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The Group has a wide distribution network through branches and franchisees across India, and international offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius and Singapore. For more information, please visit the company’s website at https://www.kotak.bank.in/en/home.html

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Mumbai, IN
Year Founded
1985
Website
kotak.com
Social Media