Assistant Manager - Debt Management Services - Mortgages

Bajaj Finserv


Date: 1 day ago
City: Vijayawada, Andhra Pradesh
Contract type: Full time
Location Name: Vijayawada

Job Purpose

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

Duties And Responsibilities

Legal Recovery for Urban NPLWheels (Vehicle Finance) Legal ManagementLitigation & Case ManagementCompliance & Risk MitigationReporting & DocumentationAchieve 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) managementDevelop and implement strategies to improve collection rates.Empanelment with DCA's/to hire DCA'sCase to Case trackingResolution at per AOP with in agreed timelinesPortfolio ManagementDebt Collection StrategyTarget AchievementRegulatory ComplianceReporting and AnalysisRisk ManagementTeam LeadershipVendor ManagementCo-ordinating with internal and external clients

Required Qualifications And Experience

Legal Recovery for Urban NPLWheels (Vehicle Finance) Legal ManagementLitigation & Case ManagementCompliance & Risk MitigationReporting & DocumentationAchieve 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) managementDevelop and implement strategies to improve collection rates.Empanelment with DCA's/to hire DCA'sCase to Case trackingResolution at per AOP with in agreed timelinesPortfolio ManagementDebt Collection StrategyTarget AchievementRegulatory ComplianceReporting and AnalysisRisk ManagementTeam LeadershipVendor ManagementCo-ordinating with internal and external clients

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