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 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 or agencies.
  • Monitor performance against set parameters and provide regular updates and proper guidelines.
  • Review and track milestones.
  • Ensure compliance with legal guidelines during repossession of products.
  • Travel with Relationship Officers (ROs) as required.
  • Timely allocation of cases among 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.
  • Manage Daily Risk Report (DRR) activities.
  • 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) repossession and legal management.
  • Litigation and case management.
  • Compliance and risk mitigation.
  • Reporting and documentation.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets through customer or agency visits.
  • Ability to monitor performance against set parameters and provide regular updates and guidelines.
  • Experience in milestone reviewing and tracking.
  • Knowledge of legal guidelines for product repossession.
  • Willingness to travel with Relationship Officers (ROs).
  • Ability to allocate cases timely among team members.
  • Proficiency in Excel for daily performance tracking.
  • Record-keeping skills for customer interactions and transactions.
  • Ability to handle escalations promptly and effectively.
  • Experience in Daily Risk Report (DRR) management.
  • Skills in developing and implementing strategies to improve collection rates.
  • Experience in counseling and grooming direct reportees.
  • Team management skills for collection officers.
  • Problem-solving abilities during the collection process.
  • Experience in managing average collection reports.
  • Knowledge of legal recovery for Urban NPL Wheels (Vehicle Finance).
  • Litigation and case management experience.
  • Understanding of compliance and risk mitigation.
  • Reporting and documentation skills.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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