Open To Work
Ashutosh Singh
Location Collection Head
Lucknow,UP
Work Preference
Job Search Status
Open to workDesired start date: Flexible
Desired Job Title
Location Collection HeadWork Type
Full TimeLocation Preference
On-SiteLocation: Lucknow, UP, IN
Open to relocation: Yes
Salary Range
₹135000/yr - ₹200000/yrImportant To Me
Career advancementCompany CultureWork-life balancePersonal development programsHealthcare benefitsWork from home optionSummary
Experienced finance professional with over 9 years in banking and collections, focusing on loans across various sectors. Manages complex transactions and analyzes data to improve collection processes, driving efficiency and profitability. Utilizes strong analytical skills and a strategic mindset to achieve optimal outcomes for clients and organizations.
Overview
2
2
Languages
9
9
years of professional experience
Work History
Location Collection Head
Kotak Mahindra Bank
07.2024 - Current
- Streamlined tractor loan collection processes by supervising 6 managers and coordinating 36 field executives across 18 districts, effectively addressing a delinquent pool exceeding 40 crore with over 90 days past due.
- Realized all targets by optimizing approaches to multiple parameters and NPA settlements.
- secured notable NPA reversals on March 25 and March 26.
- Managed and reinforced adherence to regulatory requirements.
- Conduct repossessions consistently within regulatory guidelines set by bank.
- Executed strategies to reverse notable NPAs on specific dates.
- Demonstrated proactive behavior and personal accountability in all tasks.
- Involved in group initiatives, highlighting capacity for teamwork and efficiency.
- refined communication methods for sales and credit divisions.
- Achieved operational effectiveness within time constraints and dynamic work settings, ensuring timely responses to challenges.
- Demonstrated respect and friendliness while assisting team members.
Collection Manager
HDFC BANK LTD
09.2022 - 06.2024
- Directed management of auto loan portfolio for Gonda and Spokes, controlling total pool size of 7 crores including range from BKT X to BKT 6 and write-off pool of 5 crores.
- Oversaw processes for auto loan products and used car collections, consistently meeting collection targets.
- Handled comprehensive collection management with over three vendors and digital resources like Paisabazaar, HDB, Spocto, and CreditMantri.
- Streamlined operational standards, enhancing partner performance and compliance.
- Gathered and analyzed information to ensure legal compliance and accurate reconciliation.
- Resolved daily CRM escalations and various complaints efficiently.
- Ensured alignment with audit protocols and process guidelines to eliminate lapses.
- Managed legal filings for arbitration, Section 138, Section 25, and DRT, facilitating efficient money recovery.
Collection Manager
Axis Bank Ltd
12.2020 - 09.2022
- Supervised unsecured portfolio operations for Kanpur and spokes, managing a 40 crores pool size to optimize recovery efforts.
- Oversaw collection management through collaboration with more than 10 vendors and 4 internal executives.
- Oversaw collection management by coordinating efforts among 10+ vendors and 4 internal executives to enhance operational efficiency.
- Executed recovery initiatives through application of legal tools and reconciliation camps including pla/nla.
- Facilitated skip tracing and legal recovery for vendors.
- Collected market data on defaulters, ensuring legal compliance and accurate MIS reconciliation.
- Coordinated daily complaint and escalation operations throughout multiple departments including MD, PNO, Nodal, and BO.
- Executed recovery initiatives using legal tools and conducting reconciliation camps to facilitate successful recoveries.
Deputy Manager Band 2
ICICI Bank Ltd
09.2020 - 11.2020
- Directed portfolio of 4 to 6 bkt for two-wheeler loans across Lucknow and spokes, ensuring alignment with business objectives.
- Oversaw TW Collection Portfolio, meeting targets for RB, NORM, RF, ODBC, and Repo to enhance operational performance.
- Oversaw TW Collection Portfolio, achieving goals for RB, NORM, RF, ODBC, and Repo.
- Oversaw comprehensive portfolio management and vendor coordination.
- Supervised a direct team consisting of multiple executives and agency personnel.
- Monitored adherence to predefined procedures and audit guidelines.
- Collected market data on defaulters, legal compliance, MIS, and reconciliation.
- Streamlined legal reconciliation processes, reducing turnaround time and ensuring compliance.
Deputy Manager Band 2
ICICI Bank Ltd
07.2017 - 09.2020
- Supervised team of 5 collection staff while managing relationships with 3 vendors to enhance operational efficiency.
- Supervised collection portfolio for KCC (NPA) tractor loan (90+ 180+ NPA) and dairy loan (2000+ DPD) across diverse sites in Punjab.
- Collaborated with Branch Sales & Credit to identify and address willful defaulters, contributing to portfolio recovery efforts.
- Aggregated and analyzed information on market defaulters for regulatory adherence, MIS, and financial reconciliation, supporting informed decision-making.
- secured single-day revenue of 1.38 cr earning SPH recognition.
- Ensured compliance with audit standards for vendors and outsourced personnel.
- functioned as legal authority for various legal filings including Section 138 civil suit DRT NLA and PACO as POA holder.
- Acknowledged for steady performance with promotion to deputy manager band 2 in May 2019.
Education
PGDBF - Post Graduate Diploma In Banking Finance
GPA: Grade A/8.25 CGPA
B.Tech - Mechanical Engineering
01-2012
Intermediate - Science
01-2007
High School - undefined
01-2005
Skills
Debt collection
Receivable management
Debt management
Collections strategies
Client relationship management
Vendor coordination
Strategy implementation
Team leadership
Team coordination
Analytical problem-solving
Skilled in Microsoft Office tools
Adaptability to change
Personal Information
- Date of Birth: 01/19/92
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Timeline
Location Collection Head - Kotak Mahindra Bank
07.2024 - Current
Collection Manager - HDFC BANK LTD
09.2022 - 06.2024
Collection Manager - Axis Bank Ltd
12.2020 - 09.2022
Deputy Manager Band 2 - ICICI Bank Ltd
09.2020 - 11.2020
Deputy Manager Band 2 - ICICI Bank Ltd
07.2017 - 09.2020
UP Board - High School,
UP Board - Intermediate, Science
UPTU - B.Tech, Mechanical Engineering
ICICI Manipal Academy - PGDBF, Post Graduate Diploma In Banking Finance