Executive - Debt Management Services - Consumer

0 - 2 years

7 - 11 Lacs

Posted:4 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Executive - Debt Management Services - Consumer 
 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 target by visiting customers and/or 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 Risk Report (DRR) management.
  • Develop and implement strategies to improve collection rates.
  • Case-to-case tracking.
  • Ensure resolution as per AOP within agreed timelines.
  • Portfolio management.
  • Debt collection strategy development and execution.
  • Achievement of collection targets.
  • Regulatory compliance.
  • Reporting and analysis.
  • Risk management.
  • Team leadership.
  • Vendor management.
  • Coordinate with internal and external clients.

  •  Required Qualifications and Experience 
  • Experience in collections, debt management, or related financial services roles.
  • Understanding of regulatory guidelines and compliance related to debt recovery.
  • Strong analytical and reporting skills.
  • Ability to lead and coordinate with teams and vendors.
  • Demonstrated problem-solving and escalation handling skills.
  • Excellent communication and negotiation abilities.
  • Familiarity with portfolio management and risk analysis.
  • Ability to develop and implement effective collection strategies.
  • Proficiency in maintaining and managing accurate records.
  • Willingness to travel for customer/agency visits as required.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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