regional collection manager bangalore - flows- prefr

what is CRED?   CRED is an exclusive community for India’s most trustworthy and creditworthy individuals, where the members are rewarded for good financial behaviour.    CRED was born out of a need to bring back the focus on a long-lost virtue, one of trust, the idea being to create a community centered around this virtue. a community that constantly strives to become more virtuous in this regard till they finally scale their behaviour to create a utopia where being trustworthy is the norm and not the exception. to build a community like this requires a community of its own; a community special in its own way, working towards making this vision come true.    here’s a thought experiment: what do you get when you put a group of incredibly passionate and driven people and entrust them with the complete freedom to chase down their goals in a completely uninhibited manner? answer: you get something close to what we have at CRED; CRED just has it better.    here’s what will be in store for you at CRED once you join us. what will you do? • own collection performance for the assigned geography and buckets; understand local portfolio characteristics, monitor portfolio movement, and drive resolution and recovery outcomes. • lead, coach, and develop the collections team; set clear expectations, review productivity and performance, and drive the team towards collection targets. • manage collection agencis across the assigned geography; ensure adequate capacity, drive productivity and resolution outcomes, and maintain adherence to quality and compliance standards. • own resolution and recovery targets for the assigned portfolio; analyse MIS and key recovery metrics, identify performance gaps, and implement corrective actions to improve outcomes. • lead the implementation of collection strategies across calling and field operations, including tracing, legal recovery, dual allocation, and other relevant recovery levers. • ensure adherence to collection processes, RBI guidelines, company policies, and Prefr’s code of conduct; proactively identify and address compliance or process gaps. • ensure disciplined execution of field operations by tracking input metrics such as visits, on-time visits, allocation, and disposition. • manage the region in a cost-effective manner and ensure collection costs remain within defined guardrails. • proactively identify geographical, capacity, agency, and portfolio-level challenges and raise timely red flags. • work closely with operations, risk, legal, analytics, and strategy teams to resolve dependencies and improve collection outcomes. • provide feedback and recommendations to central strategy and policy teams based on regional challenges and opportunities. • play an active role in hiring and developing collection talent for the region and contribute to hiring across other regions as required. you should apply if you: • have 10+ years of experience in collections, preferably across unsecured PL portfolios. • have strong knowledge of the geography being hired for and the local collections ecosystem. • have experience managing large portfolios, collection teams, and agency partners. • have strong understanding of recovery metrics, collection strategies, and portfolio performance. • are data-driven, result-oriented, and able to diagnose and solve collection challenges. • have strong understanding of the code of conduct and can drive compliant, customer-centric collections. • are proficient in the local language and comfortable working with cross-functional teams. how is life at CRED?    working at CRED would instantly make you realise one thing: you are working with the best talent around you. not just in the role, you occupy, but everywhere you go. talk to someone around you; most likely you will be talking to a singer, standup comic, artist, writer, athlete, maybe a magician. at CRED people always have talent up their sleeves. with the right company, even conversations can be rejuvenating. at CRED, we guarantee good company.    hard truths: pushing oneself comes with the role. and we realise pushing oneself is hard work. this is why CRED is in the continuous process of building an environment that helps the team rejuvenate itself: included but not limited to a stacked, in-house pantry, with lunch and dinner provided for all the team members, paid sick leaves and comprehensive health insurance.    to make things smoother and to make sure you spend time and energy only on the most important things,  CRED strives to make every process transparent: there are no work timings because we do not believe in archaic methods of calculating productivity, your work should speak for you. there are no job designations because you will be expected to hold down roles that cannot be described in one word.   there are many more such eccentricities that make CRED what it is but that’s for one to discover. if you feel at home reading this, get in touch