Senior Executive - Debt Management Services - Consumer

1 - 2 years

8 - 12 Lacs

Posted:1 day 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 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.
  • Provide regular reports on collection activities and performance.
  • Handle escalations promptly and effectively to resolve issues.
  • Daily DRR (Daily Risk Report) management.
  • Develop and implement strategies to improve collection rates.
  • 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.
  • Co-ordinating with internal and external clients.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets through customer/agency visits.
  • Proven ability to monitor performance and provide regular updates.
  • Familiarity with legal guidelines related to product repossession.
  • Strong record-keeping skills for customer interactions and transactions.
  • Ability to generate regular reports on collection activities and performance.
  • Experience in handling escalations and resolving issues promptly.
  • Knowledge of daily risk report (DRR) management.
  • Experience in developing and implementing strategies to improve collection rates.
  • Case management and resolution within agreed timelines.
  • Portfolio management expertise.
  • Understanding of debt collection strategies and regulatory compliance.
  • Analytical skills for reporting and risk management.
  • Leadership abilities with experience in team oversight.
  • Vendor management experience.
  • Strong coordination skills with internal and external stakeholders.
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    Bajaj Finance

    Financial Services

    Pune