Area Manager - Commercial Vehicle Retail

4 - 6 years

7 - 11 Lacs

Posted:4 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Area Manager - Commercial Vehicle Retail 
 Job Purpose 
This position is open with Bajaj Finance Ltd.
  • Achieving & exceeding business goals and targets for Commercial Vehicle Finance.
  • Managing and grooming the team to achieve their respective targets.

  •  Duties and Responsibilities 
  • Achieving & exceeding business goals and targets for Rural Two Wheeler Loans.
  • Creating a strong and compliant sales culture to drive business.
  • Sales force management, data management, and efficient use of call center leads.
  • Dealer visits along with sales manager/FOS.
  • Portfolio management with a target of 99% zero bucket collections.
  • Maintaining FEMI at 9% across locations and span.
  • Monthly 5 days location travel.
  • Ensure team's adherence to sales governance and compliance processes.
  • Adherence to customer delivery TAT.
  • Ensure implementation of promotional plans and contests; suggest new and innovative promotion plans for the area of work.
  • Recruiting and retaining high performers.
  • Team management and grooming of the team to achieve their respective targets.
  • Managing the delinquency of the business sourced to ensure health of portfolio.
  • Excel and PowerPoint presentation knowledge and skills.
  • Daily review with ABSM regarding projections/activity plan for the day.
  • Reviews with ABSM on projection versus delivery daily, to spur planning for the next day.
  • Ensure execution of the defined activity plan for customer visits by the team during the day.
  • Assist in collections in HTS cases for buckets X and 1, as well as higher buckets.
  • Provide feedback to under-performing team members—seek to understand causes, and provide timely and appropriate inputs and support.
  • Nominate team members for reward and recognition commensurate with their achievements; appreciate team members appropriately in internal forums as relevant.
  • Resolve issues regarding documentation.
  • Decide on approaching customers of risk-prone geographical areas and profiles, and to stop approaching specific profiles based on delinquency patterns.
  • Plan for business expansion—identify and map new areas, including fraud likelihoods, derive projections; share and discuss with branch teams and ASSCs; take inputs to make action plans clear; share projections, action plans, and budgets with RSM, seeking approval.
  • Cascade finalized plans received from RSM to the team—derive aligned short-term performance benchmarks such as DRR; plan with team to achieve them.
  • Periodically monitor team on productivity metrics, and assist in resolving their issues; monitor month-on-month productivity, WIRR, insurance penetration, CC and CW lead penetration.
  • Shortlist from among initial candidate lists, make recommendations of known candidates; conduct initial interviews with shortlisted candidates, providing comments as per format, and recommendations.
  • Review and discuss achievement with team periodically; conduct mid-year and annual performance reviews per team member, providing feedback for their improvement.

  •  Major Challenges 
  • Team management
  • Retention of front-line sales force
  • Maintaining consistent delivery of high performance
  • Attrition (on roll & off roll)

  •  Required Qualifications and Experience 
     Education 
  • Graduation / MBA

  •  Experience & Skills 
  • Graduation with 4 to 6 years and MBA with 3-4 years of relevant experience.
  • Demonstrated success and achievement orientation.
  • Strong analytical skills to drive channel performance and profitability.
  • Strong bias for action and driving results in a high-performance environment.
  • People and relationship management skills.
  • Excellent communication and negotiation skills.
  • Affirmative in nature, strong leadership skills, clarity of thought, and perseverance.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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