Cluster Manager - Debt Management Services - The Wheels

8 - 10 years

5 - 9 Lacs

Posted:2 days ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description


 Cluster Manager - Debt Management Services - The Wheels 
 Job Purpose 
This position is open with Bajaj Finance Ltd.  Culture Anchor: 
  • Have high ambitions – Inspires the team to aim for higher targets and supports in achieving them.
  • Own It – Acknowledges uncertainty and makes changes in own decisions/actions for better outcomes.

  •  Duties and Responsibilities 
  • Achieve collection targets assigned to the territory by meeting collection targets for the assigned states or region.
  • Meet the target on cost of collections.
  • Ensure meeting PI targets within the specified cost limit.
  • Ensure legal guidelines are complied with for the entire collection structure in letter and spirit.
  • Ensure that collection agencies and executives adhere to legal guidelines provided by the law in force.
  • Ensure adherence to the Code of Conduct.
  • Continuously monitor collection agencies and executives to identify fraudulent practices and ensure no loss is incurred due to such activities.
  • Keep write-off percentage within risk pricing.
  • Control portfolio in terms of bucket flows.
  • Handle customer issues and escalations.
  • Provide feedback on credit policy based on market conditions.
  • Approve waivers on PI as per delegation matrix.
  • Ensure documented feedback and action taken on all cases in soft buckets.
  • Ensure adequate "Feet on Street" availability area-wise, bucket-wise, and segment-wise.
  • Manage and provide support mechanisms for legal/police issues.
  • Ensure audit queries are complied with, and corrective and preventive actions are taken.
  • Manage productivity by fixing parameters for DMA/agencies/collection executives, monitoring performance against set parameters, and conducting daily reviews of Area Managers and monthly reviews of Collection Officers.
  • Recruit collection officers and area managers.
  • Constantly evaluate collection officers and area managers.

  •  Required Qualifications and Experience 
  • Practice Emotional Intelligence – Develops the team, supporting them to do more.
  • Listens to others, stays calm under pressure, and treats everyone with respect.
  • Mock Interview

    Practice Video Interview with JobPe AI

    Start Job-Specific 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