Summary
Overview
Work History
Education
Skills
Summary
Timeline
Generic
Vishal Jaiswal

Vishal Jaiswal

Jodhpur

Summary

Collections / Debt Management Managing and monitoring delinquent account collection and establishing terms of payment as well as managing Vendors. Preparing MIS reports to provide feedback to top management on business operations, viz. collection, credit control, profitability, etc. Recovery Management Conceptualizing & implementing recovery strategies in case of payment defaults. Supervising the team for managing high value fraud cases / defaulters / insolvent clients and initiating appropriate legal actions against them. Coordinating with Legal Department for sending the legal notices to the non-payment accounts. Customer Relationship Management Enhancing customer satisfaction matrices & monitoring customer complaints. Building and maintaining healthy business relations; ensuring maximum customer satisfaction. Team Management Training & monitoring the performance of team members to ensure efficiency in operations and meeting of individual & group targets. Conducting meetings for setting up objectives and designing or streamlining processes to ensure smooth functioning of operations.

Skilled professional with experience in collections, customer service and data entry. Exceptional interpersonal and problem-solving skills. Effectively mediates customer disputes and collects payment in timely manner.

Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

Pursuing full-time role that presents professional challenges and leverages interpersonal skills, effective time management, and problem-solving expertise.

Overview

16
16
years of professional experience
2013
2013
years of post-secondary education
2
2
Languages

Work History

Regional Collection Manager

Cholamandalam Investment And Finance Company Limited
11.2024 - Current
  • Working as a Regional Collection Manager at Cholamandalam Finance ltd.
  • I am currently handling collections for multiple locations, including Jodhpur, Nagaur, Udaipur, Bikaner, Ganganagar, and Barmer
  • Handling business loan and personal loan, Unsecured loans collections, managing bucket X to recoveries.
  • Formulating & implementing competent strategies to minimize delinquency and avoid losses of high value cases
  • Recognizing & empaneling agencies and in-house team and ensuring that they follow the code of conduct
  • Driving all operation related to budgeting and hiring of manpower as per the requirements
  • I am supported by a robust team comprising 5 Area Collection Managers and 15 Collection Managers, Two collection agencies who report directly to me
  • Together, we are committed to ensuring timely recoveries and maintaining a healthy portfolio for the region
  • Prepared and submitted legal documents to initiate court proceedings.
  • Monitored customer accounts for payment delinquency and initiated collection efforts.
  • Collaborated on collection and dispute resolution issues.

Regional Collection Manager

Icici bank ltd
03.2021 - 10.2024
  • Worked as a Regional Collection Manager (Grade C1) for Nagaur, Sikar kota, Bikaner and jhalawar, bundi and Jaipur Rural locations
  • Administered the overall branch operations in coordination with internal / external departments and maintained long term customer relationship through the provision of high-quality service
  • Managed all the activities in Collections department with a team of 10 on-roll employees including area debt manager
  • Regulated a portfolio of accounts over 200 crore in Agriculture product and Tractor loan across 4 district covering 28 Branches
  • Undertook collections initiatives and interacted with executives to meet organizational objectives
  • Supervising leadership and management of the company collection functions; managed a staff of 50 Collectors and 1 Area Debt Managers with 10 Debt Managers
  • Led negotiated settlement of accounts and reasonable payment arrangements within corporate guidelines
  • Slashed down the attrition at branch Level and filled up the gaps as per ACR 70 / collector

Area Collection Manager

Aditya birla capital
06.2019 - 02.2021
  • Worked as a Area Collection Manager for Jodhpur,kota,Udaipur locations
  • Managed Across bkts portfolio of unsecured BL/PL collection and RCU
  • Responsible for managing the process of settlement ensuring approval for all settlement accounts are taken
  • Issuing settlement letters & maintaining settlement tracker, and monitoring for reversing of charges after the settlement is complete
  • Sampling the quality of trails updated by vendor
  • Taking care of process and audit
  • Ensuring negligible compliance issues towards vendor's end and internal end
  • Managing a 3 collection agencies

Area Collection Manager

Bajaj finserv
09.2018 - 05.2019
  • Worked as Area Collection Manager
  • Managed a team of 3 On roll collection manager and 7 agencies for Consumer Flow SF Digital product
  • Taking care of X BKT portfolio for SF Digital Product
  • Managed collections for a volume of around 2000 cases via collection vendor and in-house team
  • Managed a diverse team of collectors for optimal performance and increased success rates.
  • Improved collection efficiency by implementing effective strategies and streamlining processes.
  • Located customers with overdue accounts and solicited payment in compliance with fair debt collection practices.

Collections Manager

HDFC Bank Ltd
02.2015 - 08.2018
  • Worked as Deputy Manager (Grade E2)
  • Managed a team of 20 DRAs for recoveries, flow and unsecured, secured portfolio
  • Taking care of portfolio of Auto Loan, mortgage,Pl,Tw ,tractor loan & Gold loans, credit cards
  • Managed collections for large volume of more than 2500 cases via collection vendor
  • Taking care of Customer Escalation Management
  • Ensuring the escalated calls to be closed within the given TAT
  • Sampling calls made by the agency to ensure call quality made by tele-callers are under prescribed limit
  • Making sure that each allocated account should be touched and follow-up trails to be updated in web-collection module by the vendor
  • Sampling the quality of trails updated by vendor
  • Taking care of process and audit
  • Ensuring negligible compliance issues towards vendor's end and internal end
  • Responsible for managing the process of settlement ensuring approval for all settlement accounts are taken
  • Issuing settlement letters & maintaining settlement tracker, and monitoring for closure of loan after the settlement is complete
  • Adhered to strict guidelines issued from RBI for collection business as per bank audit requirements
  • Established strong relationships with customers, fostering open communication channels for effective debt resolution.

Collection Manager

Axis bank ltd
11.2008 - 02.2015
  • Worked as a Collection Manager for Retail Asset Centre –Jodhpur,kota,udaipur
  • Managed a team of 4 in-house team and 6 collection agencies for recoveries, flow and unsecured, secured portfolio
  • Managed Across bkts portfolio of Credit cards Home Loan, Tractor loans ,Car Loan, LAP Mortgages (Loan against Property) And Personal Loan ,Gold loans
  • Responsible for managing the process of settlement ensuring approval for all settlement accounts are taken
  • Issuing settlement letters & maintaining settlement tracker, and monitoring for reversing of charges after the settlement is complete
  • Adhered to strict guidelines issued from RBI for collection business as per bank audit requirements
  • Notable Highlights: Successfully achieved 90 to 95% resolution in Risk-X portfolio month on month
  • Appreciated by NCM and NCM for being consistent in achieving more than 90% resolution on monthly basis
  • Played a vital role in bridging the communication gap with Operations Department, Retail Asset Management
  • Established healthy relations with Managers as well as Team Mates of other zones for quick pickups of outstation customers if any
  • Successfully achieved satisfied ratings in internal and external audits

Education

MBA - Finance

Punjab Technical University

Bachelor of Arts - Arts

J.N.V.U UNIVERSITY

12th - undefined

Rajasthan Board

10th - undefined

Rajasthan Board

Skills

Recovery

Summary

Managing and monitoring delinquent account collection and establishing terms of payment as well as managing Vendors. Preparing MIS reports to provide feedback to top management on business operations, viz. collection, credit control, profitability, etc., Conceptualizing & implementing recovery strategies in case of payment defaults. Supervising the team for managing high value fraud cases / defaulters / insolvent clients and initiating appropriate legal actions against them. Coordinating with Legal Department for sending the legal notices to the non-payment accounts., Enhancing customer satisfaction matrices & monitoring customer complaints. Building and maintaining healthy business relations; ensuring maximum customer satisfaction., Training & monitoring the performance of team members to ensure efficiency in operations and meeting of individual & group targets. Conducting meetings for setting up objectives and designing or streamlining processes to ensure smooth functioning of operations.

Timeline

Regional Collection Manager

Cholamandalam Investment And Finance Company Limited
11.2024 - Current

Regional Collection Manager

Icici bank ltd
03.2021 - 10.2024

Area Collection Manager

Aditya birla capital
06.2019 - 02.2021

Area Collection Manager

Bajaj finserv
09.2018 - 05.2019

Collections Manager

HDFC Bank Ltd
02.2015 - 08.2018

Collection Manager

Axis bank ltd
11.2008 - 02.2015

Bachelor of Arts - Arts

J.N.V.U UNIVERSITY

12th - undefined

Rajasthan Board

10th - undefined

Rajasthan Board

MBA - Finance

Punjab Technical University
Vishal Jaiswal