Assistant Manager - Debt Management Services - Rural

0 - 2 years

3 - 7 Lacs

Posted:1 day ago| Platform: Naukri logo

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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.
  • Manage Daily Risk Reports (DRR).
  • Develop and implement strategies to improve collection rates.
  • Track cases on a case-to-case basis.
  • Ensure resolution as per Annual Operating Plan (AOP) within agreed timelines.
  • Portfolio management.
  • Debt collection strategy development and execution.
  • Target achievement.
  • Regulatory compliance.
  • Reporting and analysis.
  • Risk management.
  • Team leadership.
  • Vendor management.
  • Coordinate with internal and external clients.

  •  Required Qualifications and Experience 
  • Experience in achieving collections target, including field visits to customers or agencies.
  • Ability to monitor performance against set parameters and provide updates.
  • Understanding of legal guidelines for repossession.
  • Proficiency in maintaining accurate records of customer interactions and transactions.
  • Experience in reporting collection activities and performance metrics.
  • Strong escalation management and issue resolution skills.
  • Knowledge of Daily Risk Report (DRR) management.
  • Capability to develop and implement strategies for improving collection rates.
  • Case tracking and resolution within agreed timelines as per AOP.
  • Portfolio management skills.
  • Experience in debt collection strategy formulation and execution.
  • Demonstrated ability to achieve targets.
  • Understanding of regulatory compliance requirements.
  • Analytical skills for reporting and analysis.
  • Risk management expertise.
  • Leadership skills for managing teams.
  • Vendor management experience.
  • Strong coordination skills with internal and external stakeholders.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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