L4-Recovery Dept-KA-Gulbarga-BACL

Bajaj Auto Limited; Bengaluru; Sur place; INR 350 000 - 550 000; Plein temps

Résumé du poste

Bajaj Auto Limited is seeking a Recovery Specialist to search and recover 7+ accounts through repossession and settlements, leveraging a network of agencies across the designated territory. The role requires managing repossession activities, settlements, and compliance with regulatory guidelines.

You will onboard and train recovery partners, coordinate field actions, and ensure timely reporting while meeting business targets and cost controls. A personal vehicle and smartphone are required.

Qualifications

• Graduation (B.Com, BBA or equivalent preferred).
• Minimum 4 years work experience in vehicle finance recovery or NBFC/bank collections.
• Experience with repossession, settlements and skip tracing.

Responsabilités

• Repossession and settlement of accounts.
• Manage a network of repossession agencies within the assigned territory.
• Onboard, train and review performance of recovery channel partners.
• Execute field recovery actions including skip tracing, settlements and closure of loan accounts.
• Maintain records within the portfolio as per targets.
• Set daily/fortnightly recovery targets for agencies and monitor progress.

Connaissances

Repossession

Collections system handling

Regulatory compliance

MS Excel

Formation

Graduation (B.Com, BBA or equivalent)

Outils

MS Excel

Description du poste

Select how often (in days) to receive an alert:

English, Hindi, Local language (preferred)

Travel

60-80 km/Day

Academic Qualification

Graduation (B. Com, BBA or equivalent preferred)

Work Experience

Minimum 4 years

Vehicle Finance (NBFCs or Banks). Recovery / NPA collection / Write of collections including repossession

Job Purpose

To search and recover 7+ accounts through repossession and settlement through specialized agencies who has capacity for repossession

Key Responsibilities

• Repossession and settlement
• Handle a network of repossession agencies within the assigned territory.
• Onboard, train and review performance of recovery channel partners.
• Execute field recovery actions including skip tracing, settlements and closure of loan account.
• Maintain ROR within the assigned portfolio as per defined business targets.
• Set daily and fortnightly recovery/ vehicle repossession targets for the collection agencies, monitor progress, and ensure timely follow-ups.
• Plan and coordinate field visits to ensure maximum customer coverage and personally handle complex or sensitive recovery cases when required.
• Supervise third-party recovery agents, track their progress, and ensure they follow company rules and recovery guidelines.
• Identify accounts that need legal action or repossession, get necessary approvals, and oversee the entire process including customer communication.
• Ensure all recovery work follows company policies and legal requirements, train the team on correct practices, and report any issues or complaints immediately.
• Keep accurate records of visits, calls, and recovery updates in the system, and share daily reports with the manager.
• Along with recovery prioritize penal charge collections to support collection cost.
• Spot relevant agencies from the market for enrolment and share with supervisors for empanelment.

Key Skills Required

Technical Skills:

• Repossession and settlement process knowledge
• Collections system handling
• Regulatory and compliance adherence
• MS Excel and reporting tools

Soft Skills:

• Customer empathy and tactful communication
• Problem-solving

Key Performance Indicators

• Resposession as per the target set
• Settlement write of accounts on best effort basis by negotiation
• Ensure full compliance to the code of conduct in recovery and repossession as per the regulator

Work-Schedule

5 Days/Week and as per the work demand

Hiring Local/Pan-India Candidates

(Based on company policy)

Additional Comment (if any)

Requirement of Personal vehicle and smartphone