Deputy Area Manager - Debt Management Services - Rural

1 - 2 years

4 - 8 Lacs

Posted:1 day ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

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 and provide regular updates with proper guidelines.
  • Review and track milestones.
  • Ensure compliance with legal guidelines during product repossession.
  • Travel with Recovery Officers (ROs) as required.
  • Allocate cases to team members in a timely manner.
  • Demonstrate proficiency in Excel for daily tracking of team performance.
  • 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), repo, and legal management.
  • Handle litigation and case management.
  • Ensure compliance and risk mitigation.
  • Prepare and maintain necessary reporting and documentation.

  •  Required Qualifications and Experience 
  • Proven experience in debt management and collections.
  • Strong understanding of legal guidelines related to debt recovery and repossession.
  • Proficiency in Microsoft Excel.
  • Experience in managing teams and allocating cases effectively.
  • Ability to track and report team performance metrics.
  • Skilled in customer interaction documentation and escalation management.
  • Experience in legal recovery, vehicle finance repossession, and case management.
  • Demonstrated ability in compliance and risk mitigation.
  • Strong communication and counseling skills.
  • Ability to travel as required by the role.
  • 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