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48 Collection Management Jobs in Ahmedabad

Senior Executive - Debt Management Servi...

3-5 years

Ahmedabad

Senior Executive - Debt Management Servi...

Bajaj Finance

posted 3d ago

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

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    What people at Bajaj Finance are saying

    4.2
     Rating based on 29 Senior Executive reviews

    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 29 Senior Executive reviews

    Senior Executive salary at Bajaj Finance

    reported by 96 employees
    Lock Unlock
    ₹1.3 L/yr - ₹4.6 L/yr
    44% less than the average Senior Executive Salary in India
    View more details

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