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Bajaj Finance

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4.0

based on 6.7k Reviews

Video summary

1981 Bajaj Finance Jobs

Senior Executive - Debt Management Servi...

BAJAJ FINANCIAL SECURITIES LIMITED

4.0

based on 6.7k Reviews

3-5 years

Ahmedabad

Senior Executive - Debt Management Servi...

Bajaj Finance

posted 1d ago

Job Role Insights

Flexible timing

Key skills for the job

Data Analysis Customer Service Collections Vendor Management Loan Recovery Portfolio Management

+ 6 more

Job Description

Job Purpose
Managing the collections in a particular area and monitoring the collection of the amount due to the organization, while ensuring that cases are handled appropriately according to the company guidelines and complying with regulators norms.

Duties and Responsibilities
1. Allocation Planning:Planning allocation of portfolios to ROs and Agencies Based on:

Performance:Previous months track record

Data Analysis and Insights

Geographical dimensions

Capacity

Location
2. Vendor Management:Activities including researching and sourcing vendors, obtaining quotes, analyzing capabilities, turnaround times, negotiating contracts and managing relationships. Role would include:

Capacity Check based on portfolio trends

Availability checks:Checking if the agencies cater to the particular location

Performance checks:based on data collected on agencies past performance and their record history

Checks on Off Role
3. Processes:

Vendor Bill tracking and confirmation

Performing adequate compliance checks based on company policies and legal requirements

System allocation and admin services facilitation by connecting with the requisite teams
4. Performance:

DRR of Area/Location

Track vendor wise performance and provide due support

Visit critical cases on field

Key Decisions / Dimensions

Management of high value cases

Agency assessment and influencing for support in achieving targets

Major Challenges

Portfolio Management- closing cases at Bucket X

Managing difficult locations with scarcity of relevant talent

Need to involve dealers to achieve collection target achievement

Required Qualifications and Experience
a) Qualifications

Graduate in any discipline
b) Work Experience

Post qualification- 3 to 5 years

Vendor management- complete cycle

Team management

Employment Type: Full Time, Permanent

Read full job description

Prepare for Senior Executive roles with real interview advice

What people at Bajaj Finance are saying

4.1

Rating based on 28 Senior Executive reviews

Anonymous · Finance & Accounting in Mumbai

Likes

This Work is Professional To Work and The will benifits to All ok. But very Nice job

Salary - Excellent

+6 more

Dislikes

They wil Target very Hard and Faithfully.

Read 28 Senior Executive reviews

Senior Executive salary at Bajaj Finance

reported by 96 employees

₹1.3 L/yr - ₹4.6 L/yr

41% less than the average Senior Executive 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

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