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Bajaj Finance
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Assistant Manager - Debt Management Services - Rural

Assistant Manager - Debt Management Services - Rural

Bajaj Finance

0 - 2 years

3 - 7 Lacs

firozpur india

Posted:1 day ago| Platform:

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Skills Required

finance management legal risk payments management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Assistant Manager - Debt Management Services - Rural
Job Purpose
The Debt Management Specialist will be responsible for managing and coordinating the recovery of overdue payments on loans or credit accounts. Duties and Responsibilities

Achieve collections target by visiting customers or agencies.

Monitor performance against set parameters and provide regular updates.

Ensure legal guidelines are complied with while repossessing products.

Maintain accurate records of customer interactions and transactions.

Provide regular reports on collection activities and performance.

Handle escalations promptly and effectively to resolve issues.

Daily DRR (Daily Risk Report) management.

Develop and implement strategies to improve collection rates.

Case to case tracking.

Resolution as per AOP within agreed timelines.

Portfolio management.

Debt collection strategy.

Target achievement.

Regulatory compliance.

Reporting and analysis.

Risk management.

Team leadership.

Vendor management.

Coordinating with internal and external clients.

Required Qualifications and Experience

Experience in achieving collections targets by visiting customers or agencies.

Ability to monitor performance and provide updates regularly.

Knowledge of legal guidelines related to product repossession.

Proficiency in maintaining records of customer interactions and transactions.

Experience in reporting on collection activities and performance.

Strong escalation management and issue resolution skills.

Familiarity with Daily Risk Report (DRR) management.

Ability to develop and implement strategies to improve collection rates.

Experience in case tracking and timely resolution as per AOP.

Portfolio management skills.

Understanding of debt collection strategies.

Proven ability to achieve targets.

Knowledge of regulatory compliance requirements.

Experience in reporting and analysis.

Risk management expertise.

Team leadership capabilities.

Vendor management experience.

Experience coordinating with internal and external clients.

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