Manager - Debt Management Services - Mortgages

2 - 3 years

8 - 13 Lacs

Posted:1 hour ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Manager - Debt Management Services - Mortgages 
 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/agencies.
  • Monitor performance against set parameters and provide regular updates and proper guidelines.
  • Ensure legal guidelines are complied with while repossessing products.
  • Travel with the Recovery Officers (ROs) as required.
  • Timely allocation of cases among team members.
  • Should be proficient in Excel.
  • Daily tracking of the performance of team members.
  • 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.
  • Counsel and groom direct reportees to enhance and polish their skill sets.
  • 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.
  • Legal recovery for Urban NPL Wheels (Vehicle Finance) repo and legal management.
  • Litigation and case management.
  • Compliance and risk mitigation.
  • Reporting and documentation.

  •  Required Qualifications and Experience 
  • Proven experience in debt collection or recovery, preferably in mortgages or vehicle finance.
  • Proficiency in Excel and daily performance tracking.
  • Experience in legal recovery, litigation, and case management.
  • Strong team management skills and ability to counsel and develop team members.
  • Excellent communication and problem-solving abilities.
  • Ability to travel as required for customer or agency visits.
  • Understanding of compliance and risk mitigation in debt management processes.
  • Strong reporting and documentation skills.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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