Senior Executive - Debt Management Services - Consumer

0 - 2 years

8 - 12 Lacs

Posted:4 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Senior Executive - Debt Management Services - Consumer 
 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 targets by visiting customers and 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.
  • Provide regular reports on collection activities and performance.
  • Handle escalations promptly and effectively to resolve issues.
  • Manage Daily Risk Report (DRR).
  • Develop and implement strategies to improve collection rates.
  • Case-to-case tracking and resolution as per AOP within agreed timelines.
  • Manage portfolio and implement debt collection strategies.
  • Achieve collection targets and ensure regulatory compliance.
  • Prepare and analyze reports related to risk and collections.
  • Lead and manage team performance.
  • Oversee vendor management activities.
  • Coordinate with internal and external clients.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets through direct customer and agency visits.
  • Proven ability to monitor performance and provide updates.
  • Knowledge of legal guidelines for repossession processes.
  • Strong record-keeping and reporting skills.
  • Ability to resolve escalations efficiently and effectively.
  • Experience managing Daily Risk Reports (DRR).
  • Ability to develop and implement strategies for improved collection rates.
  • Skilled in case tracking and timely resolution as per organizational objectives.
  • Expertise in portfolio management and debt collection strategy.
  • Understanding of regulatory compliance requirements.
  • Strong analytical, reporting, and risk management skills.
  • Leadership experience in managing teams and vendors.
  • Excellent coordination skills with both internal and external stakeholders.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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