Job Purpose

This position is open with Bajaj Finance Limited.

Duties and Responsibilities

• To enable enhanced business profitability through effective management of the delinquent portfolio.
• To achieve the desired collection efficiencies across product managed.
• Ensure that adequate collections intensity of follow up is executed for all delinquent accounts.
• Meeting the Target on Cost of Collections.
• Ensuring meeting PI Targets within specified on monthly basis.
• Continuously review the location portfolio and report early/potential stress accounts.
• Ensure that all collections activities are properly documented in the form of Collection Trails.
• Ensure that all collections processes and Risk governance mandates rolled out are completely adhered to at each location.
• Liaison with legal/law enforcement agencies for speedy recovery.
• Provide feedback on the effectiveness of collections strategies formulated and implemented.
• Ensure that the resources are optimally used with the number of visits, contacts, PTP conversion ratio etc., settlement process to be in line with approval received.
• NIL delay in cash TAT and MIS.

Required Qualifications and Experience

Desired Skills and experience:

• Graduate in any Specialisation.
• Good verbal and written skill.
• Proficient in Microsoft Office.
• Exp – 06 Months - 3 Years.