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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

rajkot

Posted:2 days ago| Platform:

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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 targets across various assigned parameters. Oversee the Car Finance business while maintaining compliance. Manage relationships with partners and agencies. Duties and Responsibilities

Achieve collections targets by visiting customers and agencies.

Monitor performance against set parameters and provide regular updates.

Ensure legal guidelines are complied with while repossessing products.

Maintain accurate records of customer interactions and transactions.

Provide regular reports on collection activities and performance.

Handle escalations promptly and effectively to resolve issues.

Daily DRR (Daily Risk Report) management.

Develop and implement strategies to improve collection rates.

Track cases individually (case to case tracking).

Ensure resolution as per AOP within agreed timelines.

Portfolio management.

Develop debt collection strategies.

Achieve set targets.

Ensure regulatory compliance.

Prepare and analyze reports.

Risk management.

Provide team leadership.

Vendor management.

Coordinate with internal and external clients.

Required Qualifications and Experience

Proven experience in achieving collections targets, preferably in car finance or similar sectors.

Strong understanding of debt collection strategies and portfolio management.

Familiarity with regulatory compliance requirements in debt management.

Experience in risk management and reporting.

Strong leadership and vendor management skills.

Ability to coordinate with various stakeholders, including internal teams, partners, and agencies.

Excellent communication and problem-solving abilities.

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