Executive - Debt Management Services - Rural

1 - 2 years

2 - 6 Lacs

Posted:1 day 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 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.
  • Handle escalations promptly and effectively to resolve issues.
  • Manage Daily Risk Reports (DRR).
  • 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.
  • Track cases individually and ensure resolution as per AOP within agreed timelines.
  • Portfolio management.
  • Debt collection strategy development and implementation.
  • Ensure target achievement.
  • Maintain regulatory compliance.
  • Reporting and analysis of collection activities.
  • Risk management and mitigation.
  • Team leadership and development.
  • Vendor management and coordination.
  • Coordinate with internal and external clients.
  • Debt collection and recovery operations.
  • Risk mitigation and legal proceedings.
  • Record keeping and reporting.
  • Ensure compliance with all relevant regulations.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets by visiting customers or agencies.
  • Ability to monitor performance and provide regular updates.
  • Knowledge of and compliance with legal guidelines during repossession.
  • Strong record-keeping skills for customer interactions and transactions.
  • Experience in handling escalations effectively.
  • Proficiency in Daily Risk Report (DRR) management.
  • Ability to develop and implement strategies for improved collection rates.
  • Experience managing a team of collection officers.
  • Problem-solving skills for issues arising during the collection process.
  • Experience managing and analyzing collection reports.
  • Case tracking and timely resolution in line with agreed timelines.
  • Portfolio management experience.
  • Expertise in debt collection strategies.
  • Track record of achieving targets.
  • Understanding of regulatory compliance requirements.
  • Skills in reporting and analysis.
  • Risk management experience.
  • Leadership and team management skills.
  • Vendor management capabilities.
  • Strong coordination skills with internal and external stakeholders.
  • Experience in debt collection and recovery.
  • Knowledge of risk mitigation and legal proceedings.
  • Attention to detail in record keeping and reporting.
  • Commitment to compliance and regulations.
  • 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