Deputy Area Manager - Debt Management Services - SME

4 - 5 years

5 - 10 Lacs

Posted:-1 days 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/agency.
  • Monitor performance against set parameters and provide regular updates and proper guidelines.
  • Milestone reviewing and tracking.
  • Ensure legal guidelines are complied with while repossessing products.
  • Travel with the RO's as required.
  • 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 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 and visiting customers/agencies.
  • Ability to monitor performance against set parameters and provide guidelines.
  • Experience in milestone reviewing and tracking.
  • Understanding of legal guidelines related to product repossession.
  • Willingness to travel with RO's as needed.
  • Experience in case allocation within a team.
  • Proficiency in Microsoft Excel for performance tracking.
  • Skill in maintaining accurate customer records.
  • Ability to handle escalations and resolve issues effectively.
  • Experience in managing Daily Risk Reports (DRR).
  • Ability to develop and implement strategies to improve collection rates.
  • Experience in counseling and grooming team members.
  • Team management experience with a focus on achieving collection targets.
  • Problem-solving skills in the collection process.
  • Ability to manage and analyze collection performance reports.
  • Knowledge of legal recovery processes for vehicle finance (repo and legal management).
  • Experience in litigation and case management.
  • Knowledge of compliance and risk mitigation practices.
  • Reporting and documentation skills.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune