Cluster Collections Manager Nashik

About PhonePe Limited:

Headquartered in India its flagship product the PhonePe digital payments app was launched in Aug 2016. As of April 2025 PhonePe has over 60 Crore (600 Million) registered users and a digital payments acceptance network spread across over 4 Crore (40 million) merchants. PhonePe also processes over 33 Crore (330 Million) transactions daily with an Annualized Total Payment Value (TPV) of over INR 150 lakh crore.

PhonePes portfolio of businesses includes the distribution of financial products (InsuranceLending and Wealth) as well as new consumer tech businesses (Pincode - hyperlocal e-commerce and Indus AppStore Localized App Store for the Android ecosystem) in Indiawhich are aligned with the companys vision to offer every Indian an equal opportunity toaccelerate their progress by unlocking the flow of money and access to services.

Culture:

At PhonePe we go the extra mile to make sure you can bring your best self to work Everyday!. And that starts with creating the right environment for you. We empower people and trust them to do the right thing. Here you own your work from start to finish right from day one. PhonePe-rs solve complex problems and execute quickly; often building frameworks from scratch. If youre excited by the idea of building platforms that touch millions ideating with some of the best minds in the country and executing on your dreams with purpose and speed join us!

Job Responsibilities

Team Leadership and Management: Lead and manage a team of Collection Executives and collaborate with third-party recovery agencies. Provide close supervision guidance and support to ensure the team meets its targets.
Performance Monitoring: Drive the collections process for your assignedcluster. Monitor and manage key performance indicators (KPIs) such asresolution rates and delinquency buckets to ensure superior client experienceand operational efficiency.
Delinquency Management: Take ownership of the portfolios delinquency ratesand recovery of overdue payments within the cluster. Implement strategies tocontrol roll rates and minimize bucket-wise delinquencies.
Strategy and Execution: Develop and execute collections strategies tailored tothe specific nature of overdue accounts in your cluster. Analyze data and portfoliohealth to make informed decisions and improve collections effectiveness.
Compliance and Process Adherence: Ensure strict adherence to collectionsprocesses and standard operating procedures (SOPs). Drive compliance withinternal policies and regulatory guidelines.
Reporting and Analysis: Conduct daily monitoring and regular reviews of thedelinquent portfolio. Prepare and present reports on cluster performancechallenges and proposed solutions.

Functional Competencies

Leadership: Motivate and guide your team to achieve collections goals. Provideclear direction regular feedback and coaching to foster a high-performing team.
Analytical Skills: Use data to drive decision-making and identify opportunitiesfor process improvements. Analyze collection trends and performance metrics tooptimize strategies.
Communication: Communicate effectively with team members seniormanagement and third-party agencies. Clearly articulate goals expectationsand performance feedback.
Results-Oriented: Demonstrate a strong drive to achieve and exceed collectionstargets. Focus on delivering both short-term results and long-term milestones.

Qualifications and Attributes

Must be a graduate with at least 5
5 years of experience in collections with a minimum of 1-2 years in a team lead or supervisory role.
Prior experience in a bank new-age NBFC or Fintech company is highlypreferred.
Strong ability to lead and motivate a team.
Excellent decision-making skills and the ability to work effectively under pressure.
Proactive and effective communication skills.

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

• Insurance Benefits - Medical Insurance Critical Illness Insurance Accidental Insurance Life Insurance
• Wellness Program - Employee Assistance Program Onsite Medical Center Emergency Support System
• Parental Support - Maternity Benefit Paternity Benefit Program Adoption Assistance Program Day-care Support Program
• Mobility Benefits - Relocation benefits Transfer Support Policy Travel Policy
• Retirement Benefits - Employee PF Contribution Flexible PF Contribution Gratuity NPS Leave Encashment
• Other Benefits - Higher Education Assistance Car Lease Salary Advance Policy

Our inclusive culture promotes individual expression creativity innovation and achievement and in turn helps us better understand and serve our customers. We see ourselves as a place for intellectual curiosity ideas and debates where diverse perspectives lead to deeper understanding and better quality results. PhonePe is an equal opportunity employer and is committed to treating all its employees and job applicants equally; regardless of gender sexual preference religion race color or disability. If you have a disability or special need that requires assistance or reasonable accommodation during the application and hiring process including support for the interview or onboarding process please fill out this form.

Read more about PhonePe on our blog.

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