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Deputy Manager - Debt Management Service...

4-5 years

₹ 3.4 - 11.2L/yr (AmbitionBox estimate)

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Pune

Deputy Manager - Debt Management Service...

Bajaj Finance

posted 1d ago

Job Description

    

Job Purpose  
The Legal Officer for Debt Management Services will be responsible for managing legal activities concerning the recovery of urban Non-Performing Loans (NPLs) and vehicle loans (Wheels segment).    

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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What people at Bajaj Finance are saying

3.8
 Rating based on 90 Deputy Manager reviews

Likes

Good salary Opportunities to grow Dynamic environment Job security

  • Salary - Good
  • +2 more
Dislikes

Office politics Toxic work culture

  • Promotions - Poor
  • +2 more
Read 90 Deputy Manager reviews

Deputy Manager salary at Bajaj Finance

reported by 230 employees
₹3 L/yr - ₹7 L/yr
49% less than the average Deputy 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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