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 on-site 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.

- 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 explicit 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 Vendors

Major Challenges

Managing assertive customers in default

Dealing with deliberate defaulters

Sustaining a high team morale

Required Qualifications and Experience a) Qualifications

Graduate in any stream b) Key skills required

- Minimum 8-10 years of work experience in a finance industry in recoveries of two wheelers

- Experience of managing a team is required

- Communication Skills Stakeholder Management

- Good knowledge and connect with legal entities

- Leadership qualities

- Result Oriented Mindset

- Good team player

- Motivation skills

Role: Practice Manager / Head,

Industry Type: Banking,

Department: Engineering - Software & QA,

Employment Type: Full Time, Permanent

Role Category: Software Development

Education

UG: Any Graduate

PG: Any Postgraduate read more

Key Skills

Skills highlighted with ‘‘ are preferred keyskills

Collection Agencies

Collection TargetsCommunication SkillsComplianceCustomer FeedbackDebtDebt ManagementFinanceLegalLoansStakeholder ManagementTeam ManagementTimely PaymentsVendor Management

📌 Assistant Manager - Debt Management Services - The Wheels - 2W/3W (Pune)
🏢 Bajaj Finance
📍 Pune