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 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 while repossessing products.
  • Travel with Recovery Officers (RO's) 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 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 and case management.
  • Compliance and risk mitigation.
  • Reporting and documentation.

  •  Required Qualifications and Experience 
  • Experience in achieving collection targets by visiting customers/agencies.
  • Ability to monitor and review performance against set parameters.
  • Familiarity with legal guidelines related to repossession.
  • Experience in allocating cases to team members and tracking their performance.
  • Proficiency in Excel for daily performance tracking.
  • Experience in maintaining accurate records of customer interactions and transactions.
  • Ability to handle escalations and resolve issues effectively and promptly.
  • Experience in managing daily risk reporting.
  • Skills in developing and implementing strategies for improved collection rates.
  • Experience in coaching and developing team members.
  • Proven ability to manage a team of collection officers to achieve targets.
  • Problem-solving skills in the collection process.
  • Experience in legal recovery, litigation, and case management, especially in vehicle finance.
  • Knowledge of compliance and risk mitigation practices.
  • Strong reporting and documentation skills.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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