Job Summary

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.

Responsibilities
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.
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.
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.
Stakeholder Management




Conduct regular stakeholder reviews.
Align stakeholders with the collection strategy.
Realign case priorities based on defined deliverables and objectives.
Team Management
Participate in recruitment process to identify right talent for various roles in the team
Identify high potential talent and provide chance 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 team-oriented work workplace.

Key Decisions / Dimensions
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
Recoveries of two wheelers
Team Management
Communication Skills
Stakeholder Management
Legal Entities
Leadership Qualities
Result Oriented Mindset
Team Player
Motivation Skills

📌 Deputy Area Manager Debt Management Services The Wheels 2w/3w Darbhanga
🏢 Bajaj Finance
📍 Darbhanga