Executive - Debt Management Services - Rural

1 - 2 years

2 - 6 Lacs

Posted:4 days ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description


 Executive - Debt Management Services - Rural 
 Job Purpose 
The Debt Management Specialist is responsible for managing delinquent accounts, recovering overdue payments, and maintaining strong financial relationships with clients.  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.
  • Handle escalations promptly and effectively to resolve issues.
  • Daily DRR (Daily Risk Report) management.
  • Develop and implement strategies to improve collection rates.
  • 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.
  • 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.
  • Debt Collection & Recovery.
  • Risk Mitigation & Legal Proceedings.
  • Record Keeping & Reporting.
  • Compliance & Regulations.

  •  Required Qualifications and Experience 
  • Experience in achieving collection targets through field visits and agency coordination.
  • Proven ability to monitor performance, provide regular updates, and comply with legal guidelines during repossession.
  • Strong record-keeping and reporting skills.
  • Experience in handling escalations and resolving issues effectively.
  • Expertise in Daily Risk Report (DRR) management and developing strategies to enhance collection rates.
  • Leadership skills to manage a team of collection officers and coordinate with various stakeholders.
  • Ability to manage average collection reports, track cases, and resolve them within agreed timelines.
  • Knowledge of portfolio management, debt collection strategy, regulatory compliance, risk management, and legal proceedings.
  • Strong communication and vendor management abilities.
  • Familiarity with risk mitigation, compliance, and regulation requirements in the debt management sector.
  • Mock Interview

    Practice Video Interview with JobPe AI

    Start Job-Specific Interview
    cta

    Start Your Job Search Today

    Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

    Job Application AI Bot

    Job Application AI Bot

    Apply to 20+ Portals in one click

    Download Now

    Download the Mobile App

    Instantly access job listings, apply easily, and track applications.

    coding practice

    Enhance Your Skills

    Practice coding challenges to boost your skills

    Start Practicing Now
    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

    RecommendedJobs for You