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Deputy Area Manager - Debt Management Services - The Wheels

Deputy Area Manager - Debt Management Services - The Wheels

Bajaj Finance

0 - 2 years

3 - 7 Lacs

pune

Posted:2 days ago| Platform:

Apply

Skills Required

finance legal risk business

Work Mode

Work from Office

Job Type

Full Time

Job Description

Deputy Area Manager - Debt Management Services - The Wheels
Job Purpose
Achieve assigned targets across various parameters. Oversee the Car Finance business while maintaining compliance. Handle partners and agencies effectively. Duties and Responsibilities

Achieve collections target by visiting customers and agencies.

Monitor performance against set parameters and provide regular updates.

Ensure legal guidelines are complied with during product repossession.

Maintain accurate records of customer interactions and transactions.

Provide regular reports on collection activities and performance.

Handle escalations promptly and effectively to resolve issues.

Manage Daily Risk Report (DRR).

Develop and implement strategies to improve collection rates.

Track cases individually.

Ensure resolution as per AOP within agreed timelines.

Manage portfolio performance.

Formulate and execute debt collection strategies.

Achieve set targets.

Maintain regulatory compliance.

Conduct reporting and analysis.

Identify and manage risks.

Lead and guide the team.

Manage vendors effectively.

Coordinate with internal and external clients.

Required Qualifications and Experience

Proven experience in achieving collections targets by engaging with customers and agencies.

Ability to monitor performance against parameters and provide updates.

Knowledge of legal guidelines related to product repossession.

Experience in maintaining accurate records and reporting collection activities.

Proficiency in handling escalations and issue resolution.

Experience in Daily Risk Report (DRR) management.

Strong ability to develop and implement collection improvement strategies.

Case tracking and resolution within agreed timelines (AOP).

Portfolio management skills.

Expertise in debt collection strategy and regulatory compliance.

Analytical skills for reporting and risk management.

Demonstrated team leadership and vendor management abilities.

Experience coordinating with internal and external stakeholders.

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