Degree in Business Management / Finance and an MBA would be an added advantage.
DUTIES AND RESPONSIBILITES
Formulate Collections and Recovery strategy for the Micro Lending and SME portfolio of the company and ensure its implementation.
Drive the collections operations across all buckets and meet Collections and Recovery targets.
Conduct detailed portfolio analysis on all lending portfolio arrears and institute the collection process accordingly.
Liaise with outsourcing collection agencies/ external law firms in order to manage the end to end collection process.
Develop analytical tools, systems and processes in line with industry best practices and governance framework provided by the Central Bank of Sri Lanka.
Intermediate with customers in order to negotiate escalated and/or high exposure cases.
QUALIFICATIONS AND REQUIREMENTS
Degree in Business Management/ Finance and an MBA would be an added advantage.
12-15 years overall experience in a Collection and Recovery function in the Banking and Finance industry.
Exposure to Consumer and/or Microfinance Lending collections management.
Exposure to collection systems and monitoring tools.
Sound understanding of IFRS Impairment Management through collections.
Strategic thinking and foresight to mitigate risks.
Excellent communication skills and strong decision-making skills.