Deputy Area Manager - Debt Management Services - Rural

1 - 2 years

4 - 8 Lacs

Posted:23 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 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/agencies.
  • Monitor performance against set parameters and provide regular updates and proper guidelines.
  • Review milestones and track progress.
  • Ensure legal guidelines are complied with during repossession of products.
  • Travel with Recovery Officers (ROs) as required.
  • Timely allocation of cases to team members.
  • Proficient in Excel for daily tracking and performance analysis.
  • 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.
  • Handle legal recovery for Urban NPL Wheels (Vehicle Finance), including 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 and report team performance against set parameters.
  • Experience in milestone tracking and performance review.
  • Knowledge of legal guidelines for product repossession.
  • Willingness to travel with Recovery Officers.
  • Ability to allocate cases and manage a team effectively.
  • Proficiency in Excel for daily tracking and analysis.
  • Record-keeping skills for customer interactions and transactions.
  • Strong escalation handling and problem-solving abilities.
  • Experience in DRR (Daily Risk Report) management.
  • Ability to develop strategies for improving collection rates.
  • Team coaching and development experience.
  • Proven experience in managing collection officers and achieving team targets.
  • Problem resolution during collection processes.
  • Experience in preparing and analyzing collection performance reports.
  • Legal recovery and management experience, especially in vehicle finance.
  • Litigation and case management skills.
  • Knowledge of compliance and risk mitigation practices.
  • Experience in reporting and documentation.
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    Bajaj Finance

    Financial Services

    Pune

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