Kotak Mahindra Bank

Team Member - Collections Strategy-Comm. Bank HO & Support-Recovery Common - CV,CE & SA

Kotak Mahindra Bank  •  State of Mahārāshtra, IN (Onsite)  •  3 hours ago
Apply
Save Job
Mark Applied Mark Interviewed Mark Offered
Hide Job Report Job
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Team Member - Collections Strategy | Commercial Vehicles

Grade: M4/M5

Experience: 3- 4 years of audit experience in retail and know- how of regulatory compliance.

  1. Purpose of Role Own end-to-end collection strategy for the CV CE group Delinquency control, and cost of collections.

Key Responsibilities

Drive Coe (Centre of Excellence) for CV Collections:

  • Providing insights to the loss recovery team on available information of the financial status and property details of the parties to the agreement from the existing CAM.
  • Audit and compliance – Updating process and policy as per regulatory. To ensure the process implementation. Ensure 100% compliance with RBI Fair Practices Code, regulatory norms, audit.
Direction Key Focus Area

Efforts

Outcomes Expected Centre of Excellence (CoE) Customer Intelligence Centralized data enrichment (asset, borrower behaviour, segmentation) Faster recovery in deep buckets providing sharper insights to the recovery team. Audit & Compliance Governance Process standardization, audit tracking, regulatory alignment. Zero audit deviations and full compliance with regulatory norms
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