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Bajaj Finance

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Executive - Debt Management Services - Rural

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Description

Job Summary

Job Purpose: The Debt Management Specialist is responsible for managing delinquent accounts, recovering overdue payments, and maintaining strong financial relationships with clients. Culture Anchor: Work Hard - Consistently puts in effort. Plans and tracks daily progress to achieve targets. Execute with Rigor - Takes responsibility for meeting targets with focus and effort. Own It - Maintains honesty and fairness in all interactions in line with organization's policies. Act with Integrity.

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) management
  • Develop 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 tracking
  • Resolution at per AOP with in agreed timelines
  • Portfolio Management
  • Debt Collection Strategy
  • Target Achievement
  • Regulatory Compliance
  • Reporting and Analysis
  • Risk Management
  • Team Leadership
  • Vendor Management
  • Co-ordinating with internal and external clients.
  • Debt Collection Recovery
  • Risk Mitigation
  • Legal Proceedings
  • Record Keeping
  • Reporting
  • Compliance Regulations
Required Qualifications and Experience

Skills

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