Manager - Debt Management Services - SME

Department Icon BFSI (Operations & Lending)
89+ Applicants
Posted: 2 months ago
2-3 years
Muzaffarpur
work from office

Posted: 2 months ago
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Applicants: 89+
Job Description
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Job Description


 Job Purpose To achieve Debt Management Services targets of the Respective Branch assigned, ensuring meeting PI Targets.
  • Continuously monitoring Debt Management Services agencies and Inhouse collectors to identify fraudulent practices and ensure that no loss is incurred due to such activities.
  • Duties and Responsibilities 
  • Achieve collections target by visiting customers/agency.
  • Monitor performance against set parameters and provide regular updates and providing proper guidelines.
  • Milestone reviewing and tracking.
  • Ensure legal guidelines are complied with while repossessing products.
  • Travelling with the RO''s.
  • To do timely allocation of the cases of the team members.
  • Should be Profecient in excel.
  • Daily tracking of the performance of the team members.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively to resolve issues.
  • Daily DRR (Daily Risk Report) managementDevelop and implement strategies to improve collection rates.
  • Counsiling and grooming of his direct reportee to enhance and polish their skill sets.
  • Manage a team of collection officers to achieve overall targets.
  • Rectify problems encountered during the collection process.
  • Manage average collection reports to monitor and improve collection performance.
  • Legal Recovery for Urban NPLWheels (Vehicle Finance) Repo and Legal ManagementLitigation & Case ManagementCompliance & Risk MitigationReporting & Documentation.

  • Required Qualifications and Experience
  • Achieve collections target by visiting customers/agency.
  • Monitor performance against set parameters and provide regular updates and providing proper guidelines.
  • Milestone reviewing and tracking.
  • Looking to get Placed? Try our Placement Guarantee Plan

    Ensure legal guidelines are complied with while repossessing products.
  • Travelling with the RO''s.
  • To do timely allocation of the cases of the team members.
  • Should be Profecient in excel.
  • Daily tracking of the performance of the team members.
  • Maintain accurate records of customer interactions and transactions.
  • Handle escalations promptly and effectively to resolve issues.
  • Daily DRR (Daily Risk Report) managementDevelop and implement strategies to improve collection rates.
  • Counsiling and grooming of his direct reportee to enhance and polish their skill sets.
  • Manage a team of collection officers to achieve overall targets.
  • Rectify problems encountered during the collection process.
  • Manage average collection reports to monitor and improve collection performance.
  • Legal Recovery for Urban NPLWheels (Vehicle Finance) Repo and Legal ManagementLitigation & Case ManagementCompliance & Risk MitigationReporting & Documentation.
  • Skills

    Debt ManagementHandle EscalationsPi TargetsLegal GuidelinesLegalCollectionRecoveryFinance

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    Important dates & deadlines?

    Application Deadline

    01 May 26, 04:13 PM IST

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