Deputy Area Manager - Debt Management Services - SME

4 - 5 years

5 - 10 Lacs

Posted:22 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Deputy Area Manager - Debt Management Services - SME 
 Job Purpose 
To achieve the assigned branch's Debt Management Services targets while ensuring monthly target fulfillment within the specified cost limits.  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).
  • 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 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.
  • Legal recovery for Urban NPL (Non-Performing Loans) 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 through customer/agency visits.
  • Ability to monitor and review performance against set parameters.
  • Familiarity with legal guidelines during product repossession.
  • Experience in team management and allocation of cases.
  • Proficiency in Excel for daily tracking and reporting.
  • Strong record-keeping and transaction documentation skills.
  • Effective escalation management and issue resolution capabilities.
  • Experience in DRR (Daily Risk Report) management.
  • Skill in developing strategies for improved collection rates.
  • Experience in counseling and grooming team members.
  • Proven ability to manage a team of collection officers.
  • Problem-solving skills in the collection process.
  • Experience in legal recovery, repo, litigation, and risk mitigation related to vehicle finance.
  • Compliance management and reporting experience.
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    Bajaj Finance

    Financial Services

    Pune