Consumer Debt Recovery Lead - Strategic & Results-Driven

Bajaj Finserv Limited; Agar (SD); On-site; USD 42,000 - 68,000; Full time

Job summary

Bajaj Finserv Limited seeks a Debt Management Specialist to coordinate and optimize the recovery of overdue payments on loans or credit accounts. The role involves managing collections, complying with legal guidelines, and maintaining detailed records of customer interactions.

You will develop strategies to improve collection rates, monitor performance, and coordinate with internal and external clients to ensure timely resolutions and risk management.

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

Bajaj Finserv Limited seeks a Debt Management Specialist to coordinate and optimize the recovery of overdue payments on loans or credit accounts. The role involves managing collections, complying with legal guidelines, and maintaining detailed records of customer interactions.

You will develop strategies to improve collection rates, monitor performance, and coordinate with internal and external clients to ensure timely resolutions and risk management.