Deputy Area Manager - Debt Management Services - Urban GCL

4 - 5 years

6 - 11 Lacs

Posted:Just now| 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/agencies.
  • Monitor performance against set parameters and provide regular updates and proper guidelines.
  • Review and track milestones.
  • Ensure legal guidelines are complied with while repossessing products.
  • Travel with Recovery Officers (ROs) as required.
  • Timely allocation of cases to team members.
  • Be 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.
  • Manage Daily Risk Report (DRR).
  • 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.
  • Oversee legal recovery for Urban NPL Wheels (Vehicle Finance) repossession and legal management.
  • Handle litigation and case management.
  • Ensure compliance and risk mitigation.
  • Prepare and maintain reporting and documentation.

  •  Required Qualifications and Experience 
  • Experience in debt management and collections, preferably in the financial services sector.
  • Proficiency in Excel and data tracking.
  • Strong knowledge of legal guidelines for repossession and recovery.
  • Ability to manage teams and allocate cases effectively.
  • Experience in handling escalations and resolving issues efficiently.
  • Ability to develop strategies for improving collection rates.
  • Strong counseling, mentoring, and team management skills.
  • Experience with legal recovery, litigation, and compliance processes.
  • Excellent documentation and reporting skills.
  • Willingness to travel as required.
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    Bajaj Finance

    Financial Services

    Pune