Team Member Special Task Force - WC-Working Capital-Sales

Kotak Mahindra Bank

4 - 6 years

Delhi

Posted: 12/6/2024

Job Description

Team Member – Special Task Force

Department	Business Banking Assets
Location	New Delhi
Number of Positions	1
Reporting Relationships	NIL
Position Grade	Sr. Manager/Chief Manager/AVP

Would be responsible for managing portfolio hygiene of working capital, SBE segments.
Would be responsible for managing soft collection of BKT 1,2 & 3 delinquent clients & ensure reduction of ZERO BKT month on month.
Would be responsible for risk flagging of stress & delinquent pool to track monthly reduction from this pool.
Would be responsible for activity on rate increase for critical EWS and stress pool through zonal business & credit teams.
Would be responsible for presenting and liasioning with internal legal & collection teams to get vintage NPA’s reversal.
To ensure maximum disposal of NPA assets by means of arranging buyers for such assets.
Would be responsible for controlling EWS + NPA pools’ behavior & managing early exit of such clients.
Would be responsible for maintaining and reporting necessary MIS.
Would be responsible for controlling monthly pot loss cases & prevention of such hazard.

Maintain a high level of servicing, Managing regular product training to channels and driving new processes
Have a good understanding of different business models, cash flows, Risk and be able to identify threat & opportunity from existing & new on boarded clients.
Improve efficiency by monitoring & overseeing continuous improvement of processes
To control Out Of order pool & prevent further losses.
To control low churn pool & ensure churning is increased & monitored in regular interval.
Push team for nil NPA flows due to overdue renewals & reduce all 120+ bucket cases under overdue renewals

To be alert on competitive elements in the target segments (viz. other banks/NBFC) & Augment the presence and penetration of the Kotak brand in the target market

MBA – Operations or Finance background
Experience: 4-6 years of experience in Product/Program management & experience in Analytics is required
Strong oral and written Communication
Relationship Management Skill and understanding of credit & collection risk

About Company

Kotak Mahindra Bank is one of India's leading private sector banks, offering a wide range of financial services including personal banking, corporate banking, investment banking, insurance, and asset management. Established in 1985 and headquartered in Mumbai, it is known for its innovative banking solutions, customer-centric approach, and strong focus on digital transformation. The bank caters to diverse customer segments, from individuals to large corporations, emphasizing trust, transparency, and growth.

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