Deputy Manager

2 weeks ago

Bengaluru, Karnataka, India Bajaj Finserv Lending Ltd Full time ₹ 1,20,000 - ₹ 1,80,000 per year
Job Description

Job Purpose

This position is open with Bajaj Finance Limited.

Duties and Responsibilities
  • To enable enhanced business profitability through effective management of the delinquent portfolio.
  • To achieve the desired collection efficiencies across product managed.
  • Ensure that adequate collections intensity of follow-up is executed for all delinquent accounts.
  • Meeting the Target on Cost of Collections. Ensuring meeting PI Targets within specified on monthly basis.
  • Continuously review the location portfolio and report early/potential stress accounts.
  • Ensure that all collections activities are properly documented in the form of Collection Trails.
  • Ensure that all collections processes and Risk governance mandates rolled out are completely adhered to at each location.
  • Liaison with legal/law enforcement agencies for speedy recovery.
  • Provide feedback on the effectiveness of collections strategies formulated and implemented.
  • Ensure that the resources are optimally used with the number of visits, contacts, PTP conversion ratio, etc. Settlement process to be in line with approval received. NIL delay in cash TAT and MIS.
Required Qualifications and Experience Desired Skills and Experience:
  • Graduate in any specialization.
  • Good verbal and written skills.
  • Proficient in Microsoft Office.
  • Experience: 06 Months - 3 Years.
Locations Basic Section
  • Job Level: GB02
  • Job Title: Deputy Manager - BFS Direct, Debt Management Services, Collections
  • Job Location:
    • Country: India
    • State: Karnataka
    • Region: South
    • City: Bengaluru
    • Location Name: Bengaluru - Residency Road
    • Tier: Megapolis

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