Deputy Area Manager

2 days ago

Indore, Madhya Pradesh, India Bajaj Finance Full time ₹ 5,00,000 - ₹ 15,00,000 per year

Deputy Area Manager - Debt Management Services - Settlement and Waiver Unit 

About The Role  

The Deputy Area Manager - Debt Management Services - Settlement and Waiver Unit is responsible for overseeing and managing the daily operations of the Settlement and Waiver Unit within the Debt Management Services department. This role involves ensuring the effective resolution of outstanding debts through settlements and waivers, while maintaining compliance with company policies, industry regulations, and customer service standards.

Key Responsibilities- Supervise and lead the Settlement and Waiver Unit, providing guidance, support, and performance management to team members.
- Develop and implement strategies for effective debt settlement and waiver processes to maximize recovery and minimize losses.
- Monitor and analyze key performance indicators (KPIs), preparing reports and recommending improvements as necessary.
- Ensure all settlement and waiver activities are conducted in compliance with relevant laws, regulations, and company policies.
- Collaborate with internal stakeholders, including legal, compliance, and customer service teams, to resolve complex cases and improve processes.
- Handle escalated cases, negotiations, and customer inquiries regarding settlements and waivers.
- Contribute to the development and review of policies and procedures related to debt management, settlements, and waivers.
- Participate in training and development initiatives for staff to enhance team capability and service delivery.
- Maintain accurate documentation and records for all settlement and waiver activities.

Qualifications- Bachelor's degree in Finance, Business Administration, Accounting, or a related field. Postgraduate qualifications are an advantage.
- Minimum of 5 years of experience in debt management, collections, or financial services with at least 2 years in a supervisory or managerial role.
- Strong knowledge of debt settlement, waiver processes, and relevant regulatory requirements.
- Excellent leadership, communication, and negotiation skills.
- Proficient in MS Office and relevant debt management software.
- Analytical mindset with strong problem-solving abilities.
- Ability to manage multiple priorities in a fast-paced environment.
- Attention to detail and high level of integrity.

Work Environment- Office-based with occasional travel as required.
- Full-time position with standard business hours, with flexibility for extended hours during peak periods.

Compensation and Benefits- Competitive salary and performance-based incentives.
- Comprehensive health, dental, and retirement benefits.
- Opportunities for professional development and career advancement.

  • Deputy Area Manager

    7 days ago

    Indore, Madhya Pradesh, India Bajaj Finserv Lending Ltd Full time ₹ 2,00,000 - ₹ 6,00,000 per year

    Job Description JOB DESCRIPTION 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 ResponsibilitiesAchieve collections target by visiting customers/agency. Monitor performance against set parameters and provide regular updates and providing...

  • Deputy Manager(fresher )

    2 weeks ago

    Indore, Madhya Pradesh, India Future Technologies & Services training and placement Full time ₹ 4,20,000 per year

    Job SummaryWe are seeking enthusiastic and driven fresh graduates to begin their careers as Deputy Managers in Bangalore. This role provides a unique opportunity to gain practical exposure in operations, client interaction, team collaboration, and management practices. It is designed as a growth-oriented position, enabling you to build leadership...

  • Area Operations Manager

    2 weeks ago

    Indore, Madhya Pradesh, India Lenskart Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Role: Area Operations ManagerDirect Reportees: Store ManagersInteractions: Internal and External Stakeholders.Description:You, as an Area Manager, play a critical role to lead diverse teams at store level who are in turn responsible in providing the best customer experience to Lenskart customers as well as revenue generation. You are the facilitator of...

  • Area Manager

    2 weeks ago

    Indore, Madhya Pradesh, India AnandRathi Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Designation: Area ManagerDepartment/Function: Sales, Business Development & Team ManagementIndustry: Financial Services / BrokingReporting to: Cluster Head / Regional HeadAcademic QualificationBachelors degree in Finance, Commerce, Economics, or a related field (MBA preferred).Work ExperienceMinimum 10+ years of experience in the Equity Market.At least 5...

  • Deputy Director Incubation

    1 week ago

    Indore, Madhya Pradesh, India Symbiosis University of Applied Sciences(SUAS) Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    The Deputy Director Incubation/Innovation will play a key role in fostering entrepreneurship, innovation, and startup culture within the institution. The position involves managing incubation activities, mentoring startups, building industry linkages, mobilizing resources, and ensuring the growth of innovation-driven initiatives. The incumbent will work...

  • Area Sales Manager

    7 days ago

    Indore, Madhya Pradesh, India Kotak Mahindra Bank Full time ₹ 2,00,000 - ₹ 6,00,000 per year

    Area Sales Manager-ALAP-CFD OTHERS-Sales JOB DESCRIPTION Area Sales Manager Roles & ResponsibilitiesProducts include Vishwas HL and LAP Coach and lead a team of relationship managers to achieve business targets (Volume, Cross-sell, Insurance etc.) Manage, develop and enhance deepening of the relationship with Channels (Kotak Branches, DSA,...

  • Area Sales Manager

    2 weeks ago

    Indore, Madhya Pradesh, India AVOCAB by Chandresh Cables Limited Full time ₹ 8,00,000 - ₹ 12,00,000 per year

    Company DescriptionAVOCAB by Chandresh Cables Limited, established in 1986, is a leading manufacturer and supplier of Electrical Cables & Wires. As an ISO 9001 certified company, AVOCAB has a strong presence both in India and internationally. Our extensive product range includes Power Cables, HT XLPE, LT XLPE, PVC Cables, Instrumentation Cables, House wires,...

  • Area Sales Manager

    2 weeks ago

    Indore, Madhya Pradesh, India Paytm Full time ₹ 30,00,000 - ₹ 50,00,000 per year

    Area Sales Manager - Indore About Us: Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm's mission is to serve half a billion Indians and bring them to the mainstream economy with the...

  • Area Sales Manager

    7 days ago

    Indore, Madhya Pradesh, India Bharat Foods, Kandla Full time ₹ 3,60,000 - ₹ 4,20,000 per year

    Key Responsibilities:Sales Management: Oversee the sales operations for sauces and pickles in the assigned area.Market Expansion: Develop strategies to increase product penetration and expand the customer base.Team Leadership: Lead and manage a team of Sales Officers (SO) to meet sales targets and deliver growth.Customer Relationship: Build and maintain...

  • Area Sales Manager

    3 hours ago

    Indore, Madhya Pradesh, India Nisan Petroleum Private Limited Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Company DescriptionNisan Petroleum is a dynamic and growth-oriented company specializing in marketing and manufacturing high-quality lubricants and petroleum-based oils for various applications, including automotive, industrial, and commercial. Headquartered in Mumbai, the company is focused on delivering reliable and performance-driven solutions. Nisan...