Senior Executive - Debt Management Services - Rural

1 - 2 years

4 - 8 Lacs

Posted:1 month 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 is responsible for managing delinquent accounts, recovering overdue payments, and maintaining strong financial relationships with clients.  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 during repossession of products.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively to resolve issues.
  • Manage Daily Risk Report (DRR).
  • Develop and implement strategies to improve collection rates.
  • 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.
  • Track cases individually.
  • Resolve cases as per AOP within agreed timelines.
  • Portfolio management.
  • Implement and monitor debt collection strategy.
  • Ensure target achievement.
  • Ensure regulatory compliance.
  • Reporting and analysis.
  • Risk management.
  • Team leadership.
  • Vendor management.
  • Coordinate with internal and external clients.
  • Debt collection and recovery.
  • Risk mitigation and legal proceedings.
  • Record keeping and reporting.
  • Ensure compliance with regulations.

  •  Required Qualifications and Experience 
  • Experience in achieving collections targets by visiting customers/agencies.
  • Ability to monitor performance against set parameters and provide updates.
  • Knowledge of legal guidelines related to product repossession.
  • Proficient in maintaining accurate records of customer interactions and transactions.
  • Strong escalation management and issue resolution skills.
  • Experience with Daily Risk Report (DRR) management.
  • Ability to develop and implement strategies to improve collection rates.
  • Experience in managing a team of collection officers.
  • Problem-solving skills in collection processes.
  • Experience in managing and analyzing collection reports.
  • Case tracking and timely resolution as per AOP.
  • Portfolio management skills.
  • Understanding of debt collection strategies.
  • Demonstrated ability to achieve targets.
  • Knowledge of regulatory compliance requirements.
  • Experience in reporting and analysis.
  • Risk management abilities.
  • Leadership experience.
  • Vendor management skills.
  • Experience coordinating with internal and external clients.
  • Expertise in debt collection and recovery.
  • Familiarity with risk mitigation and legal proceedings.
  • Strong record keeping and reporting skills.
  • Understanding of compliance and regulations.
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    Bajaj Finance

    Financial Services

    Pune

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