Job Purpose
To assist the organization in collecting outstanding dues and Non-Performing Loans (NPLs) for DMS- The Wheels – 2W/3W across all payment buckets, aiming to reduce outstanding amounts.Duties and Responsibilities
1. Managing Collection Targets
? Ensure adherence to collection schedules.
? Attain EMI and penalty collection objectives.
? Reposition vehicles in cases of defaults.
? Close cases by securing settlement amounts.
? Explore diverse customer communication approaches for effective recovery.
2. Vendor Management
? Appoint collection agencies.
? Strategize and allocate tasks to agencies.
? Conduct in office checks to validate procedural adherence.
? Ensure prompt payment deposits by Field Officers (FOS).
? Guarantee timely payments to vendors as per the schedule.
? Conduct training sessions for agents working with vendors.
3. Executing Recovery Procedures
? Initiate customer calls for debt recovery.
? Ensure team compliance with Standard Operating Procedures (SOPs) during customer interactions.
? Gather customer feedback to improve the collection process.
? Conduct training sessions to enhance the team's collection skills.
4.Stakeholder Management
? Conduct regular stakeholder reviews.
? Align stakeholders with the collection strategy.
? Realign case priorities based on defined deliverables and objectives.
4.
5. Team Management
? Participate in recruitment process to identify right talent for various roles in the team
? Identify high potential talent and provide opportunity to groom them for future roles
? Provide ongoing coaching, mentoring, and performance feedback to ensure the team's success.
? Set clear targets, train & motivate the team, and foster a positive and collaborative work environment.Key Decisions / Dimensions
Following decisions are taken by the role:
? Appointment of VendorsMajor Challenges
? Managing assertive customers in default
? Dealing with deliberate defaulters
? Sustaining a high team moraleRequired Qualifications and Experi
📌 Assistant Manager (Pune)
🏢 Bajaj Finance
📍 Pune
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