Senior Executive - Debt Management Services - UNPL

Bajaj Finserv Limited; Bhimavaram; On-site; INR 350,000 - 550,000; Full time

Job summary

Bajaj Finserv Limited in Bhimavaram, Andhra Pradesh, seeks a Debt Management Specialist to manage delinquent accounts, recover overdue payments, and maintain strong client relationships.

The role focuses on achieving collections targets, ensuring regulatory compliance, updating daily risk reports, and coordinating with internal and external stakeholders to optimize recovery strategies.

Qualifications

• Experience in debt collection or credit control.
• Familiar with regulatory guidelines governing recoveries.
• Strong record-keeping and reporting skills.

Responsibilities

• Achieve collections target by visiting customers/agency.
• Monitor performance against set parameters and provide updates.
• Ensure legal guidelines are followed during repossessions.
• Maintain records of customer interactions and transactions.
• Provide regular reports on collection activities and performance.
• Handle escalations to resolve issues.
• Daily DRR management.
• Develop strategies to improve collection rates.
• Case-to-case tracking.
• Resolution at per AOP with 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 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
• 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