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 specified cost limits.  Duties and Responsibilities 
  • Achieve collections targets 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 during product repossession.
  • Travel with Relationship Officers (ROs).
  • 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 management of DRR (Daily Risk Report).
  • 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.
  • Litigation and case management.
  • Compliance and risk mitigation.
  • Reporting and documentation.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets by visiting customers/agencies.
  • Ability to monitor performance, provide updates, and offer guidance to the team.
  • Experience in milestone reviewing and tracking.
  • Knowledge of legal guidelines for repossession.
  • Willingness to travel with ROs as required.
  • Experience in timely allocation of cases among team members.
  • Proficiency in Excel for tracking team performance.
  • Ability to maintain accurate records of customer interactions and transactions.
  • Skill in handling escalations promptly and resolving issues effectively.
  • Experience in managing DRR (Daily Risk Report).
  • Ability to develop and implement strategies to improve collection rates.
  • Experience in counseling and grooming direct reportees.
  • Proven experience managing a team of collection officers to achieve targets.
  • Problem-solving skills in the collection process.
  • Experience with managing collection reports and improving performance.
  • Knowledge of legal recovery processes for Urban NPL Wheels (Vehicle Finance), repo, and legal management.
  • Experience in litigation and case management.
  • Understanding of compliance and risk mitigation practices.
  • Experience with reporting and documentation.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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