Deputy Area Manager - Debt Management Services - Rural

1 - 2 years

4 - 8 Lacs

Posted:4 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Deputy Area Manager - Debt Management Services - Rural 
 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 targets by visiting customers/agencies.
  • Monitor performance against set parameters, provide regular updates, and offer proper guidelines.
  • Review and track milestones.
  • Ensure legal guidelines are complied with while repossessing products.
  • Travel with Recovery Officers (RO's) as required.
  • Allocate cases to team members in a timely manner.
  • Demonstrate proficiency in Excel.
  • Track team members' performance daily.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively to resolve issues.
  • Manage Daily Risk Reports (DRR).
  • 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.
  • Oversee legal recovery for Urban NPL Wheels (Vehicle Finance) repossession and legal management.
  • Handle litigation and case management.
  • Ensure compliance and risk mitigation.
  • Prepare necessary reporting and documentation.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets through direct customer or agency visits.
  • Ability to monitor and report performance against set parameters.
  • Experience in compliance with legal guidelines during repossession.
  • Proficiency in Excel for daily performance tracking and reporting.
  • Experience in managing and grooming a team to achieve collection targets.
  • Ability to handle escalations and resolve issues effectively.
  • Experience in legal recovery, litigation, and case management related to vehicle finance.
  • Strong organizational, compliance, and documentation skills.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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