Collection Manager

2 weeks ago

Dhaka, Dhaka, Bangladesh PALMPAY LIMITED Full time $80,000 - $100,000 per year
About PalmPay
PalmPay is a leading neobank and fintech platform scaling financial inclusion across emerging markets. With over 40 million users, we are building a digital financial ecosystem that empowers individuals and businesses through accessible, easy-to-use, and rewarding financial services.
Operating in Nigeria, Ghana, Tanzania, Pakistan, and Bangladesh, PalmPay has been recognised by CNBC as one of the Top 300 Global Fintech Companies and ranked #2 overall and #1 in financial services on the Financial Times' Africa's Fastest Growing Companies 2025 list. Position Overview
We are seeking an experienced Collection Manager to lead PalmPay's debt recovery and collection operations in Bangladesh. The ideal candidate will bring strong experience in managing large-scale collections in banks (state-owned or private) or financial institutions, with proven success in leading large collection teams and achieving recovery targets.
This role requires a leader with deep expertise in credit risk management, debt collection strategies, and regulatory compliance who can set up and scale our collections framework in Bangladesh. Key ResponsibilitiesLead and manage the collections department, supervising a team across multiple channels.Develop and implement effective collection strategies to achieve recovery and delinquency targets.Oversee daily collection activities, including call centers, field collection, and recovery agents.Assign daily, weekly, and monthly tasks to team members and ensure execution.Analyze portfolio performance and design action plans for early, mid, and late-stage collections.Establish performance metrics and monitoring systems to track recovery rates and operational efficiency.Mentor and train collection staff to maintain high performance and professionalism.Liaise with legal teams on escalated recovery cases and enforcement actions.Provide management with regular reports and recommendations on collection performance, risks, and strategies.Drive continuous improvement through technology, automation, and best practices in debt collection. Required Qualifications & ExperienceBachelor's or Master's degree in Business, Accounting, Finance, Economics, or related field.Minimum 7–10 years of relevant experience in collections and recovery within banks or financial institutions.At least 3 years in a managerial role leading large collection teams.Strong knowledge of debt collection regulations, credit risk management, EMI recovery processes frameworks in Bangladesh.Proven track record of achieving recovery targets and maintaining KPI discipline.Proven track record of achieving recovery and collection targets.Strong leadership, communication, and team management skills.Proficiency in MS Office, collection software/CRM tools, and data analysis for reporting.Fluency in Bangla and English. Compensation & BenefitsCompetitive salaryAnnual salary reviews.Festival bonuses and mobile/internet allowance.Career growth opportunities in a leadership role with a multinational fintech company.Regional exposure and opportunity to shape PalmPay's collection strategy in Bangladesh. Location Gulshan-1, Dhaka, Bangladesh

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