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Deputy Area Manager - Debt Management Se...

5.00 to 7.00 Years   Madurai (Tamil Nadu)   03 Dec, 2024
Job LocationMadurai (Tamil Nadu)
EducationAny Graduate
SalaryAs per Industry Standards
IndustryFinancial Services/Stockbroking
Functional AreaBanks/Insurance/Financial Services
EmploymentTypeFull-time

Job Description

Job PurposeTo achieve the assigned branchs Debt Management Services targets while ensuring monthly target fulfillment within the specified cost limits.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 ROs.
  • To do timely allocation of the cases of the team members.
  • Should be proficient 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) management.
  • Develop and implement strategies to improve collection rates.
  • Counseling and grooming of his direct reportees 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 NPL Wheels (Vehicle Finance) Repo and Legal Management.
  • Litigation & Case Management.
  • Compliance & Risk Mitigation.
  • Reporting & 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.
  • Ensure legal guidelines are complied with while repossessing products.
  • Travelling with the ROs.
  • To do timely allocation of the cases of the team members.
  • Should be proficient 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) management.
  • Develop and implement strategies to improve collection rates.
  • Counseling and grooming of his direct reportees 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 NPL Wheels (Vehicle Finance) Repo and Legal Management.
  • Litigation & Case Management.
  • Compliance & Risk Mitigation.
  • Reporting & Documentation.
Locations - BASIC SECTIONJob LevelGB03Job TitleDeputy Area Manager - Debt Management Services - SME, Unsecured Debt Management Services - Front End, SME Unsecured-SouthJob Location
  • Country: India
  • State: TAMIL NADU
  • Region: South
  • City: Madurai
  • Location Name: Madurai
  • Tier: Tier 2

Keyskills :
team management legal compliance debt recovery performance tracking excel proficiency collection vehicle finance debt management risk

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