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BOB Financial Solutions Recruitment 2020 - Vice President/Assistant Vice President Vacancy - Apply Soon

Vice President/Assistant Vice President Jobs in Mumbai: On 20.10.2020, BOB Financial Solutions announced job notification for the post of Vice President/Assistant Vice President has been released officially. Any Graduate, Any Post Graduate, Professional Degree pass Can apply for this job openings. Candidates who meet the eligibility criteria alone can apply on the official website bobcards.com. The application process ends on 10.11.2020.
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Last updated: Oct 20, 2020 15:31 PM | Ranjani

BOB Financial Solutions Recruitment 2020 - Vice President/Assistant Vice President Vacancy - Apply Soon
BOB Financial Solutions Recruitment 2020 - Vice President/Assistant Vice President Vacancy - Apply Soon
Company Name BOB Financial Solutions Recruitment 2021
Post Name Vice President/Assistant Vice President Jobs
No of Posts 1 Post
Job Location Mumbai Jobs
Last Date to Apply 10/11/2020
Similar Jobs Maharashtra Govt Jobs
Qualification Details:

1. BOB Financial Solutions Limited is a wholly owned subsidiary of Bank of Baroda and a Non-Deposit Accepting Non–Banking Finance Company (NBFC). BFSL was established in the year 1994 to cater to the need of rapidly growing credit card industry in a focused manner. BFSL is one among the pioneers in Indian card market and was the first nonbanking company in India to issue credit cards

2. The Company’s core business is credit card issuance and consumer lending. It also provides support to Bank of Baroda by carrying out its merchant acquiring operations and its debit cards operation for its overseas territories/ subsidiaries and sponsored RRBs. The company indents to expand in Retail Asset products like Home Loan, Education Loan, Auto Loan, Loan against property and other financial services.

1. Position VP / AVP – Collections (Credit Cards)

1. Key highlights of the role are listed below (purely indicative and not limiting): Self-motivated Operations leader adept at managing large teams in multiple locations both in-house and outsourced.
2. Deliver on Budget/Plan – NPA Provision and Collections Expense.
3. Manage large Automated Tele-calling teams; drive automated strategies.
4. Manage large field Collections teams (on-rolls /off-rolls) spread across the country.
5. Develop Collections Policies procedures; ensure policies and procedures are compliant with regulatory requirements.
6. Select and implement System solutions to ensure Collections standards meet Business requirements.
7. Recruit and train talent.
8. Select and manage Vendors (vendor scorecards and performance management).
9. Develop effective customer communication strategies.
10. Develop effective skip tracing, legal and recovery strategies.
11. Drive innovation through alternate data sources; run champion- challenger strategies in partnership with Analytics.
12. Develop Annual loss/expense budget in partnership with Policy/Analytics and ensure targets are met.
13. Develop and deliver on credit and efficiency metrics.
14. Develop a robust Operational risk /controls framework, RCSA and QC.
15. Interface internal/external audit/regulator; ensure satisfactory audit rating.
16. Provide timely feedback to Policy/ Business basis ground level findings.
17. Lead Monthly / Quarterly Risk reviews with Senior Management addressing portfolio performance and collections efficiency metrics.

2 Job specific skills
1. Cards Collections management experiences of heading a regional/national Cards Collections function.
2. Demonstrated track record of delivering on Plan/Budget for both
3. Provisions/losses and expense.
4. Experience collecting through down-turns / crisis period. Ideally with Cards collections experience.
5. Fluency with contemporary Card platforms i.e., Vision Plus / TSYS etc.
6. Strong understanding of Collections applications to streamline delivery and effectiveness.

3. Educational Qualifications: Graduate / Post Graduate/ Professional Qualification (Full Time).

4. Minimum Experience: Graduate with 12+ Years of experience in collections for unsecured lending products or Post Graduate / Professional Qualification ( Full time ) with 8+ Years of experience in collection for unsecured lending products.

5. Location of posting: Mumbai. The candidate may be deputed to work with the team(s) within the organization / parent organization / any subsidiary of the parent organization if and as deemed necessary. Candidate is liable to be transferred to any other location in India

Age:
Maximum Age on the last date of application: 55 Years as on date of receipt of Application.

Other Terms and Conditions

1. It may please be noted that company is not bound to call all the applicants for interview. Only shortlisted candidates will be called for selection procedure.
2. Canvassing, in any form, will result in disqualification of candidature. 
3. In case of any modification in advertisement shall be updated only in Website.
4. The above recruitment may be scrapped at any stage of recruitment process without assigning any reasons.
5. Company may conduct background checks/CIBIL check at any stage of process and also call for current compensation detail/qualification documents/past employment proofs for conclusion of recruitment
process.

Selection Procedure :

It may please be noted that company is not bound to call all the applicants for interview. Only shortlisted candidates will be called for selection procedure.

How to Apply :

1. Last Date for application 10th November 2020.

2. Email to be sent to [email protected] with subject as “ VP / AVP - Collections”


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