Lakshmana M
Debt Manager
#74 1st Cross Muniswamynagar Mahadevapura Mysore
Summary
Goal-oriented Debt Manager, with forward-thinking and resilient mindset. Accurate, honest and detail-oriented in handling monies. Bringing 9.5 years of experience working to help clients reach financial stability.
Provides customers with targeted financial advice, service options and product recommendations to serve debt management needs. Effective at building and implementing plans for each person or organization. Proficient in factors affecting credit scores and strategies for financial recovery.
Overview
9
9
years of professional experience
4
4
years of post-secondary education
1
1
Certification
2
2
Languages
Work History
Debt Manager
CD Loans - Flows, IDFC FIRST BANK LTD
Mysore
11.2020 - Current
- Portfolio manager for Consumer Durable loans (Unsecured) flows team. Taking care of ROK region for unsecured loans.
- Handling 3 agencies (35 Fos) for Mysore area portfolio.
- Review and analyse disputes/bad debts and help/guide fos in Collection.
- Ensure personal visits of fos for allocated accounts to get earlier resolution
- Settlement accounts are negotiated thoroughly to minimise the loss towards the Bank.
- Conducting periodically review with agency team leader/ Proprietor along with our Fos.
- Timely initiation of legal tools like Sec138, Sec25 , Sec17 and arbitration orders.
- Coordinating with legal team for betterment of collections.
- Maintaining of Payments, Settlement tracker, Pool segmentation, and other MIS for the team.
- Monitoring and ensuring the regulatory and internal compliance.
EBC Team Manager
Two Wheeler Loans, L&T Financial Services LTD
Mysore
11.2019 - 11.2020
- Handled Mysore &Mangalore location early bkts collection for Two Wheeler
- Taking care of 5 agencies of ROK
- Delivering desired number with consistency
- Identify of new dependableagencyfor our XBKT portfolio
- Maintaining of Payments,Pool segmentation and other MIS for ROK
- End to end EBC Collectionresponsibility of ROK
Cluster Collection Manager
Udaan.com, Hiveloop Logistics Pvt Ltd
04.2019 - 11.2019
- Udaan Maintaining of Debtors pool And end to end collections process of 6 districts, and inhouse team
- Handled 4000 cases every week with pos of 2.5 cr delinquent pool
- Inititing Settlement, Legal notices and sec 138 for inventory funding cases
- Implementing new ideas to improve our daily cash collections since it was a startup company.
Branch Collection Manager
Reliance Commercial Finance Ltd
Mysore
08.2015 - 01.2019
- Taking careof Repossessions, LWO and Penal cases
- Responsible for Mysore Branch Collection for multiple products
- Handled multiple Products like Construction Equipment, SME,CV, AUTo,HOME as
- Collection Foeld executive.
Collection Executive
CommericalVehicles, Reliance HR Services Ltd
Mysore
12.2013 - 08.2015
- RELIANCe Handled Soft and Hard BKT cases, Penal collections and Pool Management in
Education
Bachelor Of Commerce -
D. Banumaiah Evening College
Mysore 06.2010 - 01.2013
Vidya Vardhaka Pre University College
Mysore 06.2008 - 01.2010
Skills
Debt solution management
Credit report pulling
Solution development
Report monitoring
Third-party collaboration
Teamwork and Collaboration
Attention to Detail
Decision-Making
Budget preparation
Client counseling
MS Office
Teambuilding
Performance improvements
Issue investigation
History research
Planning and Coordination
Certification
Debt Recovery Agent, Indian Institute of Banking and Finance
Reference
Mohan Kumar J - Regional Recovery Manager
Cholamandalam Investment and Finance Company Ltd.
+919343885474
Harish B - Area Manager Collections
Hero Fincorp
+919620216102
Shobi Gopinath - Zonal Collection Manager
Fedbank Financial Services Ltd - Fedfina
+919379109595
Vipin S Krishnan - Zonal Manager - Recovery
L&T Financial Services
+919994044665
Timeline
Debt Manager
CD Loans - Flows, IDFC FIRST BANK LTD
11.2020 - Current
EBC Team Manager
Two Wheeler Loans, L&T Financial Services LTD
11.2019 - 11.2020
Cluster Collection Manager
Udaan.com, Hiveloop Logistics Pvt Ltd
04.2019 - 11.2019
Debt Recovery Agent, Indian Institute of Banking and Finance
05-2016
Branch Collection Manager
Reliance Commercial Finance Ltd
08.2015 - 01.2019
Collection Executive
CommericalVehicles, Reliance HR Services Ltd
12.2013 - 08.2015
Bachelor Of Commerce -
D. Banumaiah Evening College
06.2010 - 01.2013
Vidya Vardhaka Pre University College
06.2008 - 01.2010