Deputy Area Manager - Debt Management Services - Consumer

4 - 5 years

8 - 12 Lacs

Posted:11 hours ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description


 Deputy Area Manager - Debt Management Services - Consumer 
 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 targets 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 while repossessing products.
  • Travel with Recovery Officers (ROs) as required.
  • Timely allocation of cases to team members.
  • Proficient in Excel for daily tracking of team performance.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively to resolve issues.
  • Daily management of DRR (Daily Risk Report).
  • Develop and implement strategies to improve collection rates.
  • Counsel and groom direct reports 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) repossession and legal management.
  • Litigation and case management.
  • Compliance and risk mitigation.
  • Reporting and documentation.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets through direct customer/agency visits.
  • Ability to monitor performance, provide updates, and establish guidelines.
  • Proficient in Microsoft Excel for daily tracking and reporting.
  • Experience in handling legal compliance during the repossession process.
  • Strong record-keeping skills for customer interactions and transactions.
  • Ability to handle escalations and resolve issues efficiently.
  • Experience in DRR management and developing collection strategies.
  • Ability to coach and develop team members.
  • Experience in managing a team to meet collection goals.
  • Knowledge of legal recovery, litigation, compliance, and risk mitigation in debt management.
  • Strong reporting and documentation skills.
  • 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