Credit Risk Officer - Collections

Department Icon BFSI (Credit & Risk)
Posted: 1 year ago
2-4 years
Ahmedabad
BFSI (Credit & Risk)
Hybrid
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: Lead and manage a team focused on recovery of overdue payments and minimizing credit losses.

What you will do: You'll oversee collections strategies and ensure timely recovery.

Key responsibility:

  • Develop and implement collections strategies and policies.
  • Oversee the daily operations of the collections team.
  • Monitor key performance indicators (KPIs) related to collections.
  • Manage and motivate a team of collection officers.
  • Work with borrowers to arrange payment plans and resolve issues.
  • Report on collection activities and performance to senior management.

Required Qualification and Skills:

  • Bachelor's degree in Finance, Banking, or related field.
  • Minimum 2 years of experience in debt collection or credit risk management.
  • Strong leadership and management skills.
  • Excellent communication and negotiation skills.
  • Knowledge of relevant laws and regulations.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for advancement within the company.
  • Challenging and rewarding work environment.
  • Comprehensive training programs.

A Day in the Life: Includes supervising the collections team, monitoring KPIs, working with borrowers, and reporting on collections activities.

Skills

Debt CollectionCredit RiskCollections ManagementTeam LeadershipNegotiation

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About Company

Bajaj Finserv Limited, a part of Bajaj Holdings & Investments Limited, is an Indian financial services company focused on lending, asset management, wealth management and insurance.

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