Area Manager - Debt Management Services - Mortgages

3 - 5 years

7 - 12 Lacs

Posted:1 day ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description


Job Purpose

Managing the collections unit in a particular area and monitoring the collection of the amount due to the organization, while ensuring that cases are handled appropriately according to the company guidelines and complying with regulators norms

Duties and Responsibilities

Allocation Planning: Planning allocation of portfolios to ROs and Agencies Based on:

  • Performance: Previous months track record
  • Data Analysis and Insights
  • Geographical dimensions
  • Capacity
  • Location2.Vendor Management: Activities including researching and sourcing vendors, obtaining quotes, analyzing capabilities, turnaround times, negotiating contracts and managing relationships. Role would include:
  • Capacity Check based on portfolio trends
  • Availability checks: Checking if the agencies cater to the particular location
  • Performance checks: based on data collected on agencies past performance and their record history
  • Checks on Off Role 3.Processes:
  • Vendor Bill tracking and confirmation
  • Performing adequate compliance checks based on company policies and legal requirements
  • System allocation and admin services facilitation by connecting with the requisite teams4.People / Team Managementi)New Joinee Inductions
  • Penapp Code generations
  • Products information to be shared
  • Vendor introductions to be made
  • Information on Performance pay metrices and the policies regarding the same
  • Teams past performance information to be shared to set a baseii)Performance Management: Sets milestone targets for the team; Analyses performance along with team to generate insights and plan actions accordingly - ensures improved performance5.Performance:
  • DRR of Area/Location
  • Track vendor wise performance and provide due support
  • Visit critical cases on field
  • Key Decisions / Dimensions

  • Management of high value cases
  • Agency assessment and influencing for support in achieving targets
  • Major Challenges
  • Portfolio Management closing cases at Bucket X
  • Managing difficult locations with scarcity of relevant talent
  • Need to involve dealers to achieve collection target achievement
  • Required Qualifications and Experiencea)

  • Qualifications
  • Graduate in any disciplineb)Work Experience
  • Post qualification 3 to 5 years
  • Vendor management complete cycle
  • Team management
  • Mock Interview

    Practice Video Interview with JobPe AI

    Start Business Development Interview
    cta

    Start Your Job Search Today

    Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

    Job Application AI Bot

    Job Application AI Bot

    Apply to 20+ Portals in one click

    Download Now

    Download the Mobile App

    Instantly access job listings, apply easily, and track applications.

    coding practice

    Enhance Your Skills

    Practice coding challenges to boost your skills

    Start Practicing Now
    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

    RecommendedJobs for You