Executive - Debt Management Services - Consumer

1 - 2 years

7 - 11 Lacs

Posted:11 hours 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 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.
  • Resolution as per Annual Operating Plan (AOP) within agreed timelines.
  • Portfolio management.
  • Debt collection strategy development and execution.
  • Target achievement.
  • Ensure regulatory compliance.
  • Reporting and analysis.
  • Risk management.
  • Team leadership.
  • Vendor management.
  • Coordinate with internal and external clients.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets through customer or agency visits.
  • Ability to monitor performance and provide regular updates.
  • Knowledge of legal compliance related to repossession.
  • Strong record-keeping skills for customer interactions and transactions.
  • Experience in preparing and presenting collection activity reports.
  • Ability to handle escalations and resolve issues efficiently.
  • Experience in Daily Risk Report (DRR) management.
  • Proven ability to develop and implement collection improvement strategies.
  • Experience with case tracking and resolution as per AOP timelines.
  • Portfolio management expertise.
  • Understanding of debt collection strategies and practices.
  • Track record of meeting targets.
  • Knowledge of regulatory requirements in debt collection.
  • Strong analytical and reporting skills.
  • Risk management capabilities.
  • Demonstrated leadership in managing teams.
  • Vendor management experience.
  • Ability to coordinate with internal and external stakeholders.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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