Deputy Area Manager - Debt Management Services - SME

4 - 5 years

5 - 10 Lacs

Posted:1 month 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 Debt Management Services targets of the respective branch assigned, ensuring meeting PI targets. Continuously monitor Debt Management Services agencies and in-house collectors to identify fraudulent practices and ensure that no loss is incurred due to such activities.  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 RO's as required.
  • Timely allocation of cases to team members.
  • Proficient in Excel for daily performance tracking of team members.
  • 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 Wheels (Vehicle Finance) repo and legal management.
  • Oversee litigation and case management.
  • Ensure compliance and risk mitigation.
  • Reporting and documentation.

  •  Required Qualifications and Experience 
  • Experience in achieving collections target by visiting customers/agencies.
  • Ability to monitor performance, provide regular updates, and set proper guidelines.
  • Experience in milestone reviewing and tracking.
  • Knowledge of legal guidelines for product repossession.
  • Willingness to travel with RO's as required.
  • Ability to allocate cases timely to team members.
  • Proficiency in Excel for daily tracking.
  • Ability to maintain accurate records of customer interactions and transactions.
  • Strong escalation handling skills.
  • Experience in Daily DRR (Daily Risk Report) management.
  • Developing and implementing strategies for improved collection rates.
  • Experience in counseling and grooming team members.
  • Team management skills to achieve targets.
  • Problem-solving skills during the collection process.
  • Ability to manage and improve collection performance through reports.
  • Experience in legal recovery for Urban NPL Wheels (Vehicle Finance) repo and legal management.
  • Litigation and case management experience.
  • Understanding of compliance and risk mitigation.
  • Reporting and documentation proficiency.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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