Senior Executive - Debt Management Services - The Wheels - 2W/3W

1 - 3 years

6 - 10 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Description


 Senior Executive - Debt Management Services - The Wheels - 2W/3W 
 About The Role  
The Senior Executive - Debt Management Services - The Wheels - 2W/3W will be responsible for overseeing collections, recovery, and debt management activities for the two-wheeler (2W) and three-wheeler (3W) business segment. This role requires a strong understanding of financial services, risk management, and effective collection strategies tailored to vehicle finance portfolios.  Key Responsibilities 
  • Manage and implement debt collection processes and recovery strategies for 2W/3W loan portfolios.
  • Monitor and analyze delinquent accounts, identifying high-risk customers and taking proactive measures to minimize non-performing assets (NPAs).
  • Coordinate with internal teams and external agencies to ensure timely and effective collection of overdue payments.
  • Negotiate repayment plans with customers in default, ensuring compliance with company policies and regulatory guidelines.
  • Prepare and present regular reports on collection performance, delinquency trends, and recovery rates to management.
  • Ensure adherence to all relevant legal and regulatory requirements throughout the debt management cycle.
  • Support process improvements and implement best practices to enhance collection efficiency and customer experience.
  • Provide guidance and training to junior team members and support staff as needed.

  •  Qualifications and Requirements 
  • Bachelor’s degree in Finance, Business Administration, or a related field. MBA or relevant postgraduate qualification is a plus.
  • Minimum 3-5 years of experience in debt management, recovery, or collections within the vehicle finance or NBFC sector.
  • Strong knowledge of 2W/3W loan products, credit risk assessment, and collection methodologies.
  • Excellent negotiation, communication, and interpersonal skills.
  • Proficiency in MS Office and relevant collection management software.
  • Familiarity with legal and regulatory frameworks governing debt recovery and collections.
  • Ability to work independently and as part of a team in a fast-paced environment.
  • Strong analytical and problem-solving skills.

  •  Location 
    As per company requirements. May involve travel to client sites or field locations.  Compensation 
    Competitive salary and benefits package commensurate with experience and qualifications.

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    Bajaj Finance

    Financial Services

    Pune