Regional Head - Secured Collections

Job description

**Role & responsibilities** Portfolio & Recovery Management - Manage the regional secured collections portfolio for B3+ delinquent accounts across Home Loans, Loan Against Property (LAP), and other secured lending products. - Drive recovery strategies for high-risk and chronic delinquent accounts. - Monitor and control portfolio flow into NPA while maximizing recoveries from existing NPA accounts. - Develop bucket-wise action plans and resolution strategies to improve collection efficiency and recovery rates. NPA & Resolution Management - Formulate and execute recovery strategies for NPA accounts. - Drive settlements, restructuring recommendations, and recovery campaigns as per policy. - Ensure timely action on high-value delinquent and stressed accounts. - Track and review recovery pipelines to achieve regional recovery targets. Legal & Enforcement Actions - Oversee SARFAESI, DRT, arbitration, repossession, and auction-related activities. - Coordinate with empaneled advocates, legal teams, and enforcement agencies for recovery actions. - Ensure timely possession, asset disposal, and recovery proceedings for secured assets. - Monitor legal recovery performance and turnaround timelines. - Agency & Vendor Management **Preferred candidate profile** - 12-15 years of experience in Collections and Recovery within Banking/NBFC/Housing Finance. - Minimum 5 years of leadership experience managing secured collections portfolios. - Strong expertise in B3+, NPA management, legal recoveries, SARFAESI proceedings, repossession, and asset disposal. - Proven experience handling secured asset portfolios and multi-location teams.