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Bajaj Finance
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Senior Executive - Debt Management Services - Rural

Senior Executive - Debt Management Services - Rural

Bajaj Finance

0 - 2 years

4 - 8 Lacs

chitradurga holalkere

Posted:1 day ago| Platform:

Apply

Skills Required

management risk assessment legal risk payments

Work Mode

Work from Office

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 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.

Manage Daily Risk Report (DRR).

Develop and implement strategies to improve collection rates.

Track cases individually.

Ensure resolution as per AOP within agreed timelines.

Portfolio management.

Debt collection strategy development and execution.

Achieve set targets.

Ensure regulatory compliance.

Reporting and analysis.

Risk management.

Team leadership.

Vendor management.

Coordinate with internal and external clients.

Required Qualifications and Experience

Experience in achieving collections targets by visiting customers/agencies.

Ability to monitor performance against set parameters and provide regular updates.

Understanding of legal guidelines in repossession processes.

Strong record-keeping skills for customer interactions and transactions.

Experience in providing reports on collection activities and performance.

Ability to handle escalations promptly and effectively.

Experience in Daily Risk Report (DRR) management.

Skill in developing and implementing strategies for improving collection rates.

Case tracking and resolution within agreed timelines.

Portfolio management experience.

Expertise in debt collection strategies.

Proven target achievement record.

Knowledge of regulatory compliance requirements.

Proficiency in reporting and analysis.

Risk management capabilities.

Team leadership experience.

Vendor management skills.

Ability to coordinate with internal and external clients.

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