- MBA in Finance or Statistics with expertise in collection analytics and forecasting
- Build and execute collection analytics frameworks, develop strategies for delinquent loan collections, analyze data trends, and collaborate with teams to improve collection performance
Job Summary
This position is open with Bajaj Finance Ltd.
Culture Anchor: Work Hard - Consistently puts in effort. Plans and tracks daily progress to achieve targets. Execute with Rigor - Takes responsibility for meeting targets with focus and effort. Own It - Maintains honesty and fairness in all interactions in line with organization's policies. Act with Integrity.
Duties and Responsibilities
- Deliver on collection analytics as a practice and capability - Work with large structured and transactional data to build a robust collection analytics framework across products and across collection life cycle from Current Bucket to write off stage
- Develop well-defined strategies for collections of delinquent loans - Segmentation, prioritization and effective channel strategy, forecasting, simulations, building strategies to improve business performance
- Analyze historical data and provide suitable framework to guide the collection team.
- Analyze data to identify emerging customer trends - Strengthen relationships with existing analytics partners to continue to leverage capabilities.
- Identifying areas of weaknesses, recommending solutions and supporting the collection team to achieve targets
- Scan environment and be up to date on emerging trends globally on collection analytics and build use cases
- Analyze current workplace collection trends and provide improvement solutions
- Collaborate with collection team to understand requirement and come up with solutions to their requirements
- Effective communication with stakeholders - teams, Business partners, IT partners and Senior Management
- Formulate strategies and plan deliverables to deliver on the operational goals for the function and the team
Required Qualifications and Experience
- Education qualification: MBA Finance/Stats graduates.