Deputy Area Manager - Debt Management Services - Urban GCL

4 - 5 years

6 - 11 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Deputy Area Manager - Debt Management Services - Urban GCL 
 Job Purpose 
The Debt Management Specialist will be responsible for managing and coordinating the recovery of overdue payments on loans or credit accounts.  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 repossession of products.
  • Travel with Recovery Officers (ROs) as required.
  • Allocate cases to team members in a timely manner.
  • Demonstrate proficiency 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) management.
  • Develop and implement strategies to improve collection rates.
  • Counsel and groom direct reports 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 Wheels (Vehicle Finance), including repossession and legal management.
  • Handle litigation and case management.
  • Ensure compliance and risk mitigation.
  • Oversee reporting and documentation.

  •  Required Qualifications and Experience 
  • Proven track record of achieving collections targets through customer and agency visits.
  • Experience in monitoring performance and providing guidelines to teams.
  • Strong ability to review and track collection milestones.
  • Knowledge of legal guidelines related to repossession and recovery.
  • Willingness to travel with team members as needed.
  • Proficient in Excel for data management and reporting.
  • Experience in maintaining accurate customer records and transaction logs.
  • Strong problem-solving skills in handling escalations and resolving issues.
  • Experience in DRR (Daily Risk Report) management.
  • Ability to develop and implement strategies for improving collection rates.
  • Experience in coaching and developing direct reports.
  • Demonstrated ability to manage and lead a team of collection officers.
  • Experience in legal recovery, litigation, and case management.
  • Knowledge of compliance and risk mitigation in debt management services.
  • Excellent reporting and documentation skills.
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    Bajaj Finance

    Financial Services

    Pune