Deputy Area Manager - Debt Management Services - SME

4 - 5 years

5 - 10 Lacs

Posted:1 day 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 for the team.
  • Ensure legal guidelines are complied with during product repossession.
  • Travel with Relationship Officers (ROs) as required.
  • Timely allocation of cases to team members.
  • Proficient in Excel for tracking and analysis.
  • Daily tracking of the performance of team members.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively to resolve issues.
  • Daily Risk Report (DRR) management.
  • Develop and implement strategies to improve collection rates.
  • Counsel and groom direct reportees to enhance 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) repossession 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 performance, provide updates, and set guidelines for the team.
  • Experience in milestone reviewing and tracking.
  • Knowledge of legal guidelines related to product repossession.
  • Willingness to travel with Relationship Officers as required.
  • Ability to allocate cases to team members in a timely manner.
  • Proficiency in Excel.
  • Experience in daily tracking of team performance.
  • Competence in maintaining accurate records of customer interactions and transactions.
  • Ability to handle escalations and resolve issues effectively.
  • Experience in Daily Risk Report (DRR) management.
  • Ability to develop and implement strategies to improve collection rates.
  • Experience in counseling and grooming direct reportees.
  • Team management skills to achieve overall targets.
  • Problem-solving skills for collection process challenges.
  • Experience in managing average collection reports.
  • Knowledge of legal recovery for Urban NPL Wheels (Vehicle Finance), repo, and legal management.
  • Experience in litigation and case management.
  • Understanding of compliance and risk mitigation practices.
  • Proficiency in reporting and documentation.
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    Bajaj Finance

    Financial Services

    Pune