| Post Name | Legal Manager |
| Date | November 17 , 2023 |
| Short Info. | IDFC FIRST Bank is inviting applications for the position of Legal Manager Here you are given complete information about the job. Must read the complete article for complete information. |
IDFC FIRST Bank Recruitment 2023 Overview
| Company Name | IDFC FIRST Bank |
| Post Name | Legal Manager |
| Job Type | Full Time Job |
| Experience | Fresher/ Entry (0-3 years) |
| Function/Business Area | Financial services |
| Location | New Delhi |
| Category | Customer Service |
| Official Website | IDFC FIRST Bank |
| Salary | Upto 3.5LPA + Incentives |
About IDFC FIRST Bank Company
As of my last knowledge update in January 2022, IDFC FIRST Bank is an Indian banking company that was formed in December 2018 through the merger of IDFC Bank and Capital First Limited. The merger of IDFC Bank and Capital First Limited resulted in the creation of IDFC FIRST Bank. IDFC Bank, established in 2015, was originally set up as a specialized financial institution to provide infrastructure financing, but it transitioned into a universal bank.
About The Role
The role holder is responsible for planning, organizing, directing and monitoring the activities of the Debt Collection Department. This also includes the management of the company’s affiliated agencies in the assigned area. The role holder will be responsible for ensuring efficiency and optimization of EMI collection from customers and compliance with all policies set by the bank that contribute to the overall organizational objectives of the bank.
Responsibilities:
- Responsible for managing and undertaking collections process for debts that have been assigned
- Regularly track the portfolio for specific buckets for the assigned area
- Track & control the delinquency of the area, Bucket-wise & DPD wise and focus on non-starters
- Responsible to allocate and achieve targets from agencies/ in house team
- Regularly follow up with the default customers
- Ensuring adherence to collection process and legal guidelines
- Tracing out absconded default customers and initiate recovery process
- Recommend for legal actions for non-recoverable cases and following up with the legal team for the closure of the cases
- Maintain data for administrative work related to collection such as updating delinquent account history, providing and maintaining MIS report, reviewing of collection feedback on daily, weekly & monthly basis
Education Requirement
- Bachelor’s degree
Skills Requirement
Legal managers play a crucial role in overseeing legal matters within an organization. They need a combination of legal knowledge, managerial skills, and interpersonal abilities. Here are some key skills and attributes that are important for a
A strong understanding of relevant laws, regulations, and legal principles is fundamental. Legal managers need to stay updated on changes in the legal landscape that may impact the organization.
Location
New Delhi, Delhi
How To Apply For a IDFC FIRST Bank Legal Manager Posts
To start, click the Apply Currently button given underneath.
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Peruse the authority declaration for additional data.
Select the Apply Online button, then precisely complete the Work Post Application Structure by entering all the expected data.
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On your screen, your application structure will show.