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Cluster Manager - Debt Management Servic...

5-6 years

Ranchi

Cluster Manager - Debt Management Servic...

Bajaj Finance

posted 2d ago

Job Description

    

Job Purpose  
â"This position is open with Bajaj Finance ltd.â"    

Duties and Responsibilities  
  • Prefer Candidates with retail Debt Management Services experience.
  • To achieve Debt Management Services targets assigned to the territory by meeting Debt Management Services target for the states or region assigned.
  • Meeting the Target on Cost of Debt Management Services. Ensuring meeting PI Targets within cost limit specified.
  • Ensuring legal guidelines are compiled for entire Debt Management Services structure in letter and sprits.
  • Ensure that the Debt Management Services agencies and executives adhere to the legal guidelines provided by the law in force.
  • Ensure adherence to the Code of Conduct.
  • Continuously monitoring Debt Management Services agencies and Debt Management Services executives to identify fraudulent practices and ensure that no loss is incurred due to such activities.
  • Keeping the write off per cent within risk pricing.
  • Handle customer issues escalations.
  • Feedback on credit policy based on market conditions.
  • Approve waivers on PI as per delegation matrix.
  • Ensuring documented feedback and action taken on all cases in soft buckets.
  • Ensuring adequate â"Feet on Streetâ" availability area-wise / bucket-wise / segment-wise.
  • Manage and put support mechanism for legal / police issues.
  • Ensuring audit queries are complied with, ensuring corrective and preventive action.
  • Manage productivity by fixing productivity parameters for DMA / Agencies / Debt Management Services executives monitoring performance against set parameters and daily review of Area Managers and monthly review of Debt Management Services officers.
  • Recruitment of Debt Management Services officers / area managers.
  • Constant evaluation of Debt Management Services officers/area managers.    

    Required Qualifications and Experience  
  • People Management skills.
  • Demonstrated success & achievement orientation.
  • Excellent communication skills.
  • Negotiation Skills
  • Strong bias for action & driving results in a high performance environment.
  • Demonstrated ability to lead from the front.
  • Excellent relationship skills.
  • Affirmative in nature, Strong Leadership Skills, Clarity of thought and perseverance.
  • Exceptionally high motivational levels and needs to be a self starter.
  • Working knowledge of computers.    

  • Employment Type: Full Time, Permanent

    Read full job description

    Bajaj Finance Interview Questions & Tips

    Prepare for Bajaj Finance Cluster Manager roles with real interview advice

    Top Bajaj Finance Cluster 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 49 Cluster Manager reviews

    Likes

    Company incentives, periodic promotions

    • Salary - Good
    • +2 more
    Dislikes

    6 days work culture, too much of micro management, compulsory work from location, lack of flexibility

    • Company culture - Poor
    • +1 more
    Read 49 Cluster Manager reviews

    Cluster Manager salary at Bajaj Finance

    reported by 302 employees with 5-14 years exp.
    ₹8.7 L/yr - ₹29.5 L/yr
    111% more than the average Cluster 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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