Assistant Manager-Debt Management Services-Settlement and Waiver Unit

3 days ago


Nagpur, Maharashtra, India Bajaj Finance Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Assistant Manager - Debt Management Services - Settlement and Waiver Unit 

Job Purpose 

This position is open with Bajaj Finance Ltd.

Duties and Responsibilities- Achieve collection targets of the assigned region, ensuring PL Roll Back Targets/PSBL collection targets, and meeting the target on cost of collections.
- Control delinquency and focus on write-offs.
- Ensure documented feedback.
- Ensure legal tools of 138/arbitration summons, warrants are executed along with the legal team.
- Ensure audit queries are complied with.
- Ensure adequate Feet on Street availability region-wise, bucket-wise, and segment-wise.
- Manage productivity by setting productivity parameters for Collection Officers/Agencies/DMAs, monitoring performance against set parameters, and conducting weekly reviews with collection executives.
- Ensure background and reference checks of agencies/DMAs being appointed.
- Constantly evaluate DMAs and agencies.
- Identify and manage training needs for the Collection Executives.
- Support collection officers in legal/police issues.
- Drive CHAMPION CHAMPION collection in the field.
- Visit random customers.

Required Qualifications and Experience- Graduation with 7 to 8 years, or MBA with 3 years of relevant experience.
- People management skills.
- Demonstrated success and achievement orientation.
- Excellent communication skills.
- Negotiation skills.
- Strong bias for action and driving results in a high performance environment.
- Demonstrated ability to lead from the front.
- Excellent relationship skills.
- Affirmative in nature, strong leadership skills, clarity of thought, and perseverance.
- Exceptionally high motivational levels and must be a self-starter.
- Working knowledge of computers.



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