Senior Executive - Debt Management Services - Consumer

Bajaj Finserv Limited; Gajraula; On-site; INR 350,000 - 600,000; Full time

Job summary

Bajaj Finserv Limited in Uttar Pradesh is seeking a Debt Management Specialist to lead the recovery of overdue loan payments and coordinate with customers and agencies to achieve targets.

The role involves monitoring performance, maintaining records, providing regular reports, and developing strategies to improve collections while ensuring compliance and risk management.

Qualifications

• 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

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