Assistant Manager - BFS Direct

Bajaj Finance
Department Icon Operations Maintenance & Support
Posted: 7 months ago
1-3 years
Jalandhar
Operations Maintenance & Support
work from office
Full Time
Posted: 7 months ago
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Job Description

  •  Job Purpose

    • "This position is open with Bajaj finance limited"

  •  Duties and Responsibilities

    • 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 Specialisation.
  • Good verbal and written skill.
  • Proficient in Microsoft Office.
  • Exp
  • 06 Months - 3 Years

    • Skills

    FinanceMicrosoft OfficeCost Of CollectionsPi TargetsLegalCollectionRecoveryMS Office

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    About Company

    Bajaj Finance Limited is one of India's largest non-banking financial companies, incorporated on 25 March 1987 as Bajaj Auto Finance Limited and headquartered in Pune, Maharashtra. It is a subsidiary of Bajaj Finserv Limited and part of the Bajaj Group.

    Originally focused on two- and three-wheeler financing, the company now offers consumer durable loans, personal loans, business and SME lending, home loans, loans against property, and deposits. Bajaj Finance is listed on the NSE and BSE and employs over 70,000 people.

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