Executive - Debt Management Services - Rural

Bajaj Finserv Limited; Krishnagiri District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Bajaj Finserv Limited in Tamil Nadu is seeking a Debt Management Specialist to oversee recovery of overdue loan payments and coordinate with customers and agencies to achieve targets.

The role involves ensuring legal compliance during repossession, maintaining records, generating reports, managing daily risk, and leading a team through strategy execution to improve collection rates.

Qualifications

• Experience in debt collection and recovery of overdue payments.
• Ability to visit customers or agencies to achieve collections targets.
• Familiarity with regulatory guidelines and lawful recovery processes.
• Strong reporting and record-keeping skills.
• Experience in team leadership and vendor coordination.

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.
• Provide regular reports on collection activities and performance.
• Handle escalations promptly and effectively to resolve issues.
• Daily DRR (Daily Risk Report) management.
• Develop and implement strategies to improve collection rates.
• 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.

Job description

Job Summary

The Debt Management Specialist will be responsible for managing and coordinating the recovery of overdue payments on loans or credit accounts.

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.
• Provide regular reports on collection activities and performance.
• Handle escalations promptly and effectively to resolve issues.
• Daily DRR (Daily Risk Report) management.
• Develop and implement strategies to improve collection rates.
• 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.