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 to ensure progress.
  • Ensure legal guidelines are complied with during repossession of products.
  • Travel with Relationship Officers (ROs) as required.
  • Timely allocation of cases to team members.
  • Proficient in Excel for daily tracking and reporting.
  • Track daily performance of team members.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively for issue resolution.
  • Manage Daily Risk Reports (DRR).
  • 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 performance.
  • Oversee legal recovery for Urban NPL Wheels (Vehicle Finance) and manage repossession and legal matters.
  • Handle litigation and case management.
  • Ensure compliance and risk mitigation.
  • Prepare and maintain reporting and documentation.

  •  Required Qualifications and Experience 
  • Proven experience in debt management and collections, preferably in SME or vehicle finance sectors.
  • Strong knowledge of legal guidelines related to collections and repossession.
  • Proficiency in Microsoft Excel and daily performance tracking tools.
  • Experience in managing and developing teams.
  • Excellent communication, counseling, and problem-solving skills.
  • Ability to travel as required for customer and agency visits.
  • Experience in compliance, risk mitigation, litigation, and case management is preferred.
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    Bajaj Finance

    Financial Services

    Pune