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 target by visiting customers/agency.
  • 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).
  • Allocate cases to team members in a timely manner.
  • Be proficient in Excel.
  • Track daily performance of team members.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively to resolve issues.
  • Manage Daily Risk Report (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.
  • Legal recovery for Urban NPL Wheels (Vehicle Finance) - Repo and Legal Management.
  • Litigation Case Management.
  • Compliance Risk Mitigation.
  • Reporting Documentation.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets by visiting customers/agencies.
  • Ability to monitor performance against set parameters and provide updates and guidance.
  • Experience in milestone review and tracking.
  • Knowledge of legal compliance in repossession processes.
  • Willingness to travel with Recovery Officers.
  • Experience in case allocation and team management.
  • Proficiency in Microsoft Excel.
  • Ability to perform daily tracking of team member performance.
  • Record-keeping of customer interactions and transactions.
  • Strong problem-solving skills for handling escalations.
  • Experience in DRR (Daily Risk Report) management.
  • Ability to develop and implement strategies for improved collection rates.
  • Skills in counseling and grooming direct reportees.
  • Team management experience to achieve collection targets.
  • Problem resolution skills during the collection process.
  • Experience in preparing and managing collection performance reports.
  • Understanding of legal recovery for vehicle finance and legal processes.
  • Experience in litigation and case management.
  • Knowledge of compliance and risk mitigation practices.
  • Experience in reporting and documentation.
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