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Bajaj Finance
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Executive - Debt Management Services - Rural

Executive - Debt Management Services - Rural

Bajaj Finance

0 - 2 years

2 - 6 Lacs

daund

Posted:9 hours ago| Platform:

Apply

Skills Required

finance management legal risk management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job TitleExecutive - Debt Management Services - Rural
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/agency.

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 DRR (Daily Risk Report) management.

Develop and implement strategies to improve collection rates.

Case to case tracking.

Resolution as per AOP within agreed timelines.

Portfolio Management.

Debt Collection Strategy.

Target Achievement.

Regulatory Compliance.

Reporting and Analysis.

Risk Management.

Team Leadership.

Vendor Management.

Coordinating with internal and external clients.

Required Qualifications and Experience

Experience in achieving collections targets by visiting customers/agencies.

Ability to monitor performance and provide regular updates.

Knowledge of legal guidelines for repossessing products.

Proficiency in maintaining accurate records of customer interactions and transactions.

Experience in reporting on collection activities and performance.

Strong problem-solving skills for handling escalations.

Experience with Daily DRR (Daily Risk Report) management.

Ability to develop and implement strategies for improving collection rates.

Case tracking and resolution skills.

Portfolio management experience.

Knowledge of debt collection strategies and regulatory compliance.

Analytical skills for reporting and risk management.

Team leadership and vendor management experience.

Strong coordination skills with internal and external clients.

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