Senior Executive - Debt Management Services - Rural

1 - 2 years

4 - 8 Lacs

Posted:-1 days 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 or 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.
  • Handle escalations promptly and effectively to resolve issues.
  • Daily DRR (Daily Risk Report) management.
  • 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.
  • 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.
  • Coordinating with internal and external clients.
  • Debt collection and recovery.
  • Risk mitigation and legal proceedings.
  • Record keeping and reporting.
  • Compliance and regulations.

  •  Required Qualifications and Experience 
  • Proven experience in achieving collections targets.
  • Experience in monitoring and reporting performance against set parameters.
  • Knowledge of legal guidelines related to repossession and debt collection.
  • Strong record-keeping and customer interaction skills.
  • Ability to handle escalations and resolve issues promptly.
  • Experience in managing DRR (Daily Risk Report).
  • Experience in developing and implementing collection strategies.
  • Team management experience, preferably in debt collection.
  • Ability to rectify problems encountered during the collection process.
  • Skills in managing and analyzing average collection reports.
  • Demonstrated portfolio management abilities.
  • Understanding of regulatory compliance and legal proceedings related to collections.
  • Strong risk management skills.
  • Experience in vendor management.
  • Excellent coordination skills with internal and external stakeholders.
  • Strong analytical and reporting abilities.
  • Proven track record in risk mitigation and compliance.
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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