Deputy Area Manager - Debt Management Services - CGCL

1 - 2 years

4 - 8 Lacs

Posted:1 month ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Deputy Area Manager - Debt Management Services - CGCL 
 Job Purpose 
The Debt Management Specialist is responsible for managing delinquent accounts, recovering overdue payments, and maintaining strong financial relationships with clients.  Duties and Responsibilities 
  • Achieve collections target by visiting customers/agencies.
  • Monitor performance against set parameters and provide regular updates and proper guidelines.
  • Review and track milestones.
  • Ensure legal guidelines are complied with during repossession of products.
  • Travel with Recovery Officers (ROs).
  • Timely allocation of cases to team members.
  • Proficient in Excel.
  • Daily tracking of team members' performance.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively to resolve issues.
  • Daily DRR (Daily Risk Report) management.
  • Develop and implement strategies to improve collection rates.
  • Counsel and groom direct reportees to enhance and polish their skill sets.
  • Manage a team of collection officers to achieve overall targets.
  • Rectify problems encountered during the collection process.
  • Manage average collection reports to monitor and improve collection performance.
  • Legal recovery for Urban NPL Wheels (Vehicle Finance) Repo and Legal Management.
  • Litigation & Case Management.
  • Compliance & Risk Mitigation.
  • Reporting & Documentation.

  •  Required Qualifications and Experience 
  • Proven experience in achieving collections targets in the financial sector.
  • Ability to monitor performance and provide guidelines to team members.
  • Experience in reviewing and tracking milestones.
  • Knowledge of legal compliance for product repossession.
  • Willingness to travel with team members as required.
  • Experience in timely allocation and delegation of cases.
  • Strong proficiency in Excel for daily performance tracking.
  • Ability to maintain accurate customer records and manage escalations.
  • Experience in DRR (Daily Risk Report) management.
  • Ability to develop and implement strategies for improving collection rates.
  • Strong team management and mentoring skills.
  • Experience in legal recovery, litigation, and compliance.
  • Strong reporting and documentation skills.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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