Executive - Debt Management Services - Rural

1 - 2 years

2 - 6 Lacs

Posted:19 hours ago| Platform: Naukri logo

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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/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.
  • 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.
  • Coordinate with internal and external clients.
  • Debt collection & recovery.
  • Risk mitigation & legal proceedings.
  • Record keeping & reporting.
  • Compliance & regulations.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets by visiting customers/agencies.
  • Ability to monitor performance against set parameters and provide regular updates.
  • Knowledge of legal guidelines for repossessing products.
  • Experience maintaining accurate records of customer interactions and transactions.
  • Ability to handle escalations promptly and effectively.
  • Experience in managing Daily Risk Reports (DRR).
  • Proven ability to develop and implement strategies to improve collection rates.
  • Team management experience, specifically managing collection officers.
  • Problem-solving skills in the collection process.
  • Ability to manage average collection reports to monitor and improve performance.
  • Experience with case to case tracking and timely resolution as per AOP.
  • Portfolio management skills.
  • Understanding of debt collection strategies.
  • Demonstrated target achievement.
  • Knowledge of regulatory compliance related to debt collection.
  • Reporting and analysis skills.
  • Risk management expertise.
  • Leadership and vendor management experience.
  • Ability to coordinate with internal and external clients.
  • Experience in debt collection & recovery, risk mitigation, and legal proceedings.
  • Strong record keeping and reporting skills.
  • Understanding of compliance and regulations in debt management.
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    Bajaj Finance

    Financial Services

    Pune

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