Deputy Area Manager - Debt Management Services - Rural

1 - 2 years

4 - 8 Lacs

Posted:1 day 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 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.
  • Proficient in Excel.
  • Daily tracking of team members' performance.
  • 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 and case management.
  • Compliance and risk mitigation.
  • Reporting and documentation.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets through customer/agency visits.
  • Ability to monitor performance and provide regular updates and guidelines.
  • Experience in milestone reviewing and tracking.
  • Understanding and compliance with legal guidelines in repossession processes.
  • Willingness to travel with Recovery Officers (ROs).
  • Proficiency in Excel.
  • Experience in daily performance tracking of team members.
  • Ability to maintain accurate records of customer interactions and transactions.
  • Strong skills in handling escalations and resolving issues promptly.
  • Experience in managing Daily Risk Reports (DRR).
  • Competence in developing and implementing strategies to improve collection rates.
  • Experience in counseling and developing direct reports.
  • Team management skills to meet collection targets.
  • Ability to identify and rectify problems in the collection process.
  • Experience in managing collection reports to monitor and improve performance.
  • Knowledge of legal recovery for Urban NPL Wheels (Vehicle Finance), repo and legal management.
  • Litigation and case management experience.
  • Understanding of compliance and risk mitigation.
  • Strong reporting and documentation skills.
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    Financial Services

    Pune