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Bajaj Finance
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Deputy Manager - Debt Management Services - The Wheels

Deputy Manager - Debt Management Services - The Wheels

Bajaj Finance

0 - 2 years

5 - 8 Lacs

agra

Posted:3 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 Manager - Debt Management Services - The Wheels
Job Purpose
Achieve assigned targets across various parameters. Manage the Car Finance business while maintaining compliance standards. Handle 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 compliance with legal guidelines 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.

Daily management of the DRR (Daily Risk Report).

Develop and implement strategies to improve collection rates.

Track cases individually and ensure resolution as per AOP within agreed timelines.

Portfolio management and debt collection strategy execution.

Ensure target achievement and regulatory compliance.

Conduct reporting and analysis for ongoing improvement.

Risk management and mitigation.

Team leadership and vendor management.

Coordinate with internal and external clients.

Required Qualifications and Experience

Proven experience in collections, preferably in the car finance sector.

Understanding of legal guidelines related to debt collection and product repossession.

Strong record-keeping and reporting skills.

Demonstrated ability to handle escalations and resolve issues efficiently.

Experience in daily risk management and report generation.

Ability to develop and implement effective collection strategies.

Portfolio management experience.

Familiarity with regulatory compliance requirements.

Strong analytical and risk management skills.

Leadership experience and ability to manage vendors.

Excellent coordination and communication skills with clients and partners.

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