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Deputy Area Manager - Debt Management Se...

1-2 years

Hyderabad / Secunderabad

Deputy Area Manager - Debt Management Se...

Bajaj Finance

posted 3d ago

Job Description

    

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/agency.Monitor performance against set parameters and provide regular updates and providing proper guidelines. Milestone reviewing and tracking.Ensure legal guidelines are complied with while repossessing products.Travelling with the RO's.To do timely allocation of the cases of the team members.Should be Profecient in excel. Daily tracking of the performance of the team members.Maintain accurate records of customer interactions and transactions.Handle escalations promptly and effectively to resolve issues.Daily DRR (Daily Risk Report) managementDevelop and implement strategies to improve collection rates.Counsiling and grooming of his direct reportee to enhance and polish their skill sets.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.Legal Recovery for Urban NPLWheels (Vehicle Finance) Repo and Legal ManagementLitigation & Case ManagementCompliance & Risk MitigationReporting & Documentation.    

Required Qualifications and Experience  
Achieve collections target by visiting customers/agency.Monitor performance against set parameters and provide regular updates and providing proper guidelines. Milestone reviewing and tracking.Ensure legal guidelines are complied with while repossessing products.Travelling with the RO's.To do timely allocation of the cases of the team members.Should be Profecient in excel. Daily tracking of the performance of the team members.Maintain accurate records of customer interactions and transactions.Handle escalations promptly and effectively to resolve issues.Daily DRR (Daily Risk Report) managementDevelop and implement strategies to improve collection rates.Counsiling and grooming of his direct reportee to enhance and polish their skill sets.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.Legal Recovery for Urban NPLWheels (Vehicle Finance) Repo and Legal ManagementLitigation & Case ManagementCompliance & Risk MitigationReporting & Documentation.    

Employment Type: Full Time, Permanent

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Top Bajaj Finance Deputy Area Manager Interview Questions

Q1. How to collect default customer. How to trace customer shifted given address
Q2. Could you plz give a demo of how to sell mobile phn at dealers point.
Q3. If customer is in NPA category then what percentage waiver we will give him in settlement
View all 96 questions

What people at Bajaj Finance are saying

4.0
 Rating based on 31 Deputy Area Manager reviews

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Care of Employee

  • Salary - Excellent
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Dislikes

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Read 31 Deputy Area Manager reviews

Deputy Area Manager salary at Bajaj Finance

reported by 131 employees with 3-10 years exp.
₹5.4 L/yr - ₹11.3 L/yr
At par with the average Deputy Area Manager Salary in India
View more details

What Bajaj Finance employees are saying about work life

based on 6.7k employees
53%
72%
52%
97%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Bajaj Finance Benefits

Job Training
Health Insurance
Soft Skill Training
Work From Home
Free Transport
Team Outings +6 more
View more benefits

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