Manager - Debt Management Services - SME

2 - 3 years

8 - 12 Lacs

Posted:2 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Manager - Debt Management Services - SME 
 Job Purpose 
To achieve Debt Management Services targets of the respective branch assigned, ensuring meeting PI targets. Continuously monitor Debt Management Services agencies and in-house collectors to identify fraudulent practices and ensure that no loss is incurred due to such activities.  Duties and Responsibilities 
  • Achieve collections target by visiting customers/agencies.
  • Monitor performance against set parameters and provide regular updates and proper guidelines.
  • Review and track milestones.
  • Ensure legal guidelines are complied with while repossessing products.
  • Travel with the RO's.
  • Timely allocation of cases to team members.
  • Proficient in Excel for daily tracking of team performance.
  • 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 & case management.
  • Compliance & risk mitigation.
  • Reporting & documentation.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets by visiting customers/agencies.
  • Ability to monitor performance against set parameters and provide regular updates and guidelines.
  • Experience in milestone reviewing and tracking.
  • Knowledge of legal guidelines for repossessing products.
  • Willingness to travel with the RO's.
  • Ability to allocate cases to team members in a timely manner.
  • Proficiency in Excel for daily performance tracking.
  • Skill in maintaining accurate records of customer interactions and transactions.
  • Competence in handling escalations promptly and effectively.
  • Experience with Daily DRR (Daily Risk Report) management.
  • Ability to develop and implement strategies to improve collection rates.
  • Experience in counseling and grooming direct reportees.
  • Capability to manage a team of collection officers to achieve targets.
  • Ability to rectify issues encountered during the collection process.
  • Experience in managing average collection reports for performance improvement.
  • Knowledge of legal recovery for Urban NPL, Wheels (Vehicle Finance) Repo, and Legal Management.
  • Experience with litigation and case management.
  • Understanding of compliance and risk mitigation.
  • Proficiency in reporting and documentation.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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