Senior Executive - Debt Management Services - Rural

0 - 2 years

4 - 8 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Senior Executive - Debt Management Services - Rural 
 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 Reports (DRR).
  • Develop and implement strategies to improve collection rates.
  • Track case to case resolutions.
  • Ensure resolution as per AOP within agreed timelines.
  • Portfolio management.
  • Debt collection strategy development and execution.
  • Target achievement management.
  • Ensure regulatory compliance.
  • Reporting and analysis of collection activities.
  • Risk management related to debt collection.
  • Team leadership and guidance.
  • Vendor management.
  • Coordinate with internal and external clients.

  •  Required Qualifications and Experience 
  • Proven experience in debt collection and portfolio management.
  • Strong understanding of regulatory compliance related to debt recovery.
  • Ability to develop and implement effective debt collection strategies.
  • Experience in team leadership and vendor management.
  • Excellent communication and negotiation skills.
  • Proficiency in reporting, analysis, and risk management.
  • Ability to handle escalations and resolve issues efficiently.
  • Willingness to travel for customer and agency visits.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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