Assistant Manager - BFS Direct

1 - 3 years

6 - 10 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Assistant Manager - BFS Direct 
 Job Purpose 
This position is open with Bajaj Finance Limited.  Duties and Responsibilities 
  • Enable enhanced business profitability through effective management of the delinquent portfolio.
  • Achieve the desired collection efficiencies across products managed.
  • Ensure adequate collection intensity and follow-up for all delinquent accounts.
  • Meet the target on cost of collections and ensure PI targets are achieved on a monthly basis.
  • Continuously review the location portfolio and report early or potential stress accounts.
  • Ensure all collections activities are properly documented in the form of collection trails.
  • Adhere completely to all collections processes and risk governance mandates at each location.
  • Liaise with legal and law enforcement agencies for speedy recovery.
  • Provide feedback on the effectiveness of collections strategies formulated and implemented.
  • Ensure resources are optimally used, including number of visits, contacts, PTP conversion ratio, and settlement process as per approved guidelines. Ensure no delay in cash TAT and MIS.

  •  Required Qualifications and Experience 
  • Graduate in any specialisation.
  • Good verbal and written communication skills.
  • Proficient in Microsoft Office.
  • Experience6 months to 3 years.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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