RHFL Recruitment 2024: Manager / Chief Manager Job
Location: Mumbai, Maharashtra
Job Summary
The RHFL Recruitment 2024 invites applications from experienced professionals for a contractual Manager / Chief Manager – Recovery position in Mumbai. Repco Home Finance Limited (RHFL), a subsidiary of the Government of India’s Repco Bank, is seeking a skilled individual to manage its loan recovery and Non-Performing Asset (NPA) reduction efforts. This is a significant opportunity for graduates with a background in the banking or housing finance sector to advance their careers. The role requires a strategic approach to debt recovery, adherence to legal frameworks, and strong team leadership. Successful candidates will join a reputable organization and play a crucial part in maintaining its financial health. Explore more government job opportunities on our portal to find similar roles. This position offers a competitive compensation package and a challenging work environment in India’s financial capital.
Key Responsibilities
- Lead and manage all loan recovery and collection activities for the designated region.
- Develop and implement effective strategies to reduce Non-Performing Assets (NPA).
- Initiate and oversee legal actions under the SARFAESI Act and other relevant laws.
- Coordinate with legal teams, external agencies, and internal departments to ensure timely recovery.
- Prepare and present regular reports on recovery status and portfolio health to senior management.
- Ensure all recovery operations comply with regulatory guidelines and company policies.
- Guide and mentor the regional recovery team to achieve performance targets.
Required Qualifications
- A Bachelor’s degree in any discipline from a UGC-recognized university.
- Must be an Indian citizen.
- Maximum age limit is 40 years as of June 1, 2024.
- Strong communication, negotiation, and problem-solving skills.
- Willingness to travel extensively for job-related duties.
Preferred Qualifications
- Prior experience in managing loan recovery processes within housing finance companies, banks, or NBFCs.
- In-depth knowledge of the SARFAESI Act and other legal proceedings related to debt recovery.
- Fluency in the local language of Mumbai (Marathi) is highly desirable.
Salary and Benefits
The position offers a competitive Cost to Company (CTC) package starting from ₹7.00 Lakhs per annum. The final salary will be negotiable based on the candidate’s experience, qualifications, and performance in the selection process. Additional benefits and allowances will be as per the company’s policy for contractual employees.
How to Apply
Follow these steps to apply for the RHFL Manager position:
- Click the link to download the official notification and the prescribed bio-data form.
- Download Official Notification and Application Form
- Carefully fill in all the details in the application form.
- Attach self-attested photocopies of all required documents (education certificates, experience letters, etc.).
- Scan the completed application form and documents into a single PDF file.
- Send the application via email to recruitment@repcohome.com with the subject line “Application for Manager/Chief Manager (Recovery) – Mumbai”.
- Alternatively, you can send the physical application by post/courier to the address mentioned in the official notification.
The last date for receipt of applications is June 21, 2024. Applications received after this date will not be considered.
FAQs
Q1: What is the selection process for the RHFL Manager post?
A1: The selection process involves shortlisting candidates based on their applications, followed by a personal interview to assess their skills, experience, and suitability for the role.
Q2: Is this a permanent government job?
A2: No, this position is offered on a contractual basis. However, Repco Home Finance Limited is a subsidiary of Repco Bank, which is a Government of India Enterprise, offering a stable and professional work environment.
About Repco Home Finance Limited (RHFL)
Repco Home Finance Limited (RHFL) is a professionally managed housing finance company headquartered in Chennai, Tamil Nadu. As a subsidiary of Repco Bank, it leverages a strong legacy of trust and service in the financial sector. RHFL is dedicated to providing accessible and affordable housing finance solutions to its customers across the country. A career at RHFL offers a chance to contribute to a growing organization that plays a vital role in the Indian housing finance market. Prepare for your interview with our expert career advice and tips to put your best foot forward.
Last Updated: 2024-06-08
