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Recovery Executive-Comm. Bank HO & Support-Recovery Branch

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Kotak Mahindra Bank

2mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Chennai

AI generated summary

  • You must focus on quality portfolio management, improve recovery rates, adhere to MOPP norms and bank procedures, and ensure compliance with audit requirements.
  • You will manage quality portfolios, enhance recoveries, ensure adherence to MOPP norms, follow bank processes, and comply with audit requirements, working independently or as part of a team.

Requirements

  • To Ensure Quality portfolio.
  • To focus on improving Recovery in the area assigned – individually or in a team / as a team.
  • To ensure adherence MOPP Norms.
  • To adhere to the BANKS processes and procedures.
  • To adhere to Audit requirement.

Responsibilities

  • To Ensure Quality portfolio.
  • To focus on improving Recovery in the area assigned – individually or in a team / as a team.
  • To ensure adherence MOPP Norms.
  • To adhere to the BANKS processes and procedures.
  • To adhere to Audit requirement.

FAQs

What is the primary responsibility of a Recovery Executive?

The primary responsibility is to ensure a quality portfolio and focus on improving recoveries in the assigned area, either individually or as part of a team.

What standards must a Recovery Executive adhere to?

A Recovery Executive must adhere to MOPP norms, the bank's processes and procedures, and audit requirements.

Will I be working as part of a team?

Yes, you will have the opportunity to work individually or as part of a team to improve recovery efforts in your assigned area.

What type of performance is expected from a Recovery Executive?

A Recovery Executive is expected to focus on and actively improve recovery performance in their designated area.

Are there specific guidelines a Recovery Executive must follow?

Yes, a Recovery Executive must ensure compliance with MOPP norms and adhere to all bank processes, procedures, and audit requirements.

Is prior experience in recovery or banking necessary for this position?

While specific experience may be preferred, the focus is on your ability to improve recoveries and adhere to banking protocols effectively.

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Kotak Mahindra Bank

Finance
Industry
10,001+
Employees

Mission & Purpose

Kotak Mahindra Bank is a leading Indian financial services conglomerate that offers a wide range of banking and financial products, including personal, corporate, and investment banking services. They provide solutions such as loans, savings accounts, insurance, asset management, and wealth management. Kotak Mahindra Bank’s ultimate mission is to drive growth by delivering innovative and customer-centric financial services while maintaining the highest standards of integrity and professionalism. Their purpose is to empower individuals, businesses, and institutions by offering tailored financial solutions that enhance their financial well-being and support economic progress.