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Senior Executive - Debt Management Servi...

1-2 years

₹ 1.45 - 4.5L/yr (AmbitionBox estimate)

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Huliyar kr

Senior Executive - Debt Management Servi...

Bajaj Finance

posted 20hr ago

Job Description

    



Job Purpose  
The Debt Management Specialist is responsible for managing delinquent accounts, recovering overdue payments, and maintaining strong financial relationships with clients.    



Duties and Responsibilities  
Achieve collections target by visiting customers/agency.Monitor performance against set parameters and provide regular updates.Ensure legal guidelines are complied with while repossessing products.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.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.Case to Case trackingResolution at per AOP with in agreed timelinesPortfolio ManagementDebt Collection StrategyTarget AchievementRegulatory ComplianceReporting and AnalysisRisk ManagementTeam LeadershipVendor ManagementCo-ordinating with internal and external clients.Debt Collection & RecoveryRisk Mitigation & Legal ProceedingsRecord Keeping & ReportingCompliance & Regulations    



Required Qualifications and Experience  
Achieve collections target by visiting customers/agency.Monitor performance against set parameters and provide regular updates.Ensure legal guidelines are complied with while repossessing products.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.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.Case to Case trackingResolution at per AOP with in agreed timelinesPortfolio ManagementDebt Collection StrategyTarget AchievementRegulatory ComplianceReporting and AnalysisRisk ManagementTeam LeadershipVendor ManagementCo-ordinating with internal and external clients.Debt Collection & RecoveryRisk Mitigation & Legal ProceedingsRecord Keeping & ReportingCompliance & Regulations    

Employment Type: Full Time, Permanent

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What Senior Executive 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
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₹1.3 L/yr - ₹4.6 L/yr
44% less than the average Senior Executive Salary in India
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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
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