Deputy Area Manager - Debt Management Services - The Wheels

4 - 5 years

3 - 7 Lacs

Posted:4 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Deputy Area Manager - Debt Management Services - The Wheels 
 Job Purpose 
Achieve targets in various assigned parameters. Oversee Car Finance business while maintaining compliance. Handle partners and agencies effectively.  Duties and Responsibilities 
  • Achieve collections targets by visiting customers and 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) as required.
  • Timely allocation of cases to team members.
  • Proficient in Excel for data management and analysis.
  • Daily tracking of team members’ performance.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively to resolve issues.
  • Manage Daily Risk Report (DRR) tasks.
  • 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.
  • Oversee legal recovery for Urban NPL (Non-Performing Loans) Wheels (Vehicle Finance) Repo and legal management.
  • Litigation and case management.
  • Ensure compliance and risk mitigation.
  • Prepare and manage reporting and documentation.

  •  Required Qualifications and Experience 
  • Proven experience in achieving collections targets in the financial services sector.
  • Experience in managing teams and allocating cases for effective collections.
  • Strong proficiency in Microsoft Excel.
  • Experience in monitoring and reporting team performance.
  • Ability to handle escalations and resolve issues efficiently.
  • Knowledge of legal guidelines and compliance related to repossession and recovery.
  • Experience in legal recovery, repo management, litigation, and case management.
  • Strong documentation and reporting skills.
  • Demonstrated ability to develop and implement collection strategies.
  • Experience in coaching and developing team members.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune