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    Job · 20044303

    Bajaj Finance logo

    Area Manager - Mortgages/Senior Area Manager - Debt Management

    Bajaj Finance · Delhi · onsite · Posted 21d ago

    Undisclosed3–5 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Job Summary
    Managing the collections unit in a particular area and monitoring the collection of the amount due to the organization, while ensuring that cases are handled appropriately according to the company guidelines and complying with regulators norms
    Responsibilities
    • Allocation Planning: Planning allocation of portfolios to ROs and Agencies based on: Performance: Previous months' track record; Data Analysis and Insights; Geographical dimensions; Capacity; Location.
    • Vendor Management: Activities including researching and sourcing vendors, obtaining quotes, analyzing capabilities, turnaround times, negotiating contracts and managing relationships. Role would include: Capacity Check based on portfolio trends; Availability checks: Checking if the agencies cater to the particular location; Performance checks: based on data collected on agencies' past performance and their record history; Checks on Off Role.
    • Processes: Vendor Bill tracking and confirmation; Performing adequate compliance checks based on company policies and legal requirements; System allocation and admin services facilitation by connecting with the requisite teams.
    • People / Team Management: i) New Joinee Inductions; Penapp Code generations; Products information to be shared; Vendor introductions to be made; Information on Performance pay metrics and the policies regarding the same; Teams past performance information to be shared to set a base
    • ii) Performance Management: Sets milestone targets for the team; Analyses performance along with the team to generate insights and plan actions accordingly - ensures improved performance
    • Performance: DRR of Area/Location; Track vendor-wise performance and provide due support; Visit critical cases on field
    Key Decisions / Dimensions
    • Management of high value cases
    • Agency assessment and influencing for support in achieving targets
    Major Challenges
    • Portfolio Management - closing cases at Bucket X
    • Managing difficult locations with scarcity of relevant talent
    • Need to involve dealers to achieve collection target achievement
    Required Qualifications and Experience
    • Qualifications: Graduate in any discipline
    • Work Experience: Post qualification - 3 to 5 years
    • Vendor management - complete cycle
    • Team management

    Sourced from naukri

    Skills

    DebtDebt Managementmortgagesteam managementPortfolio ManagementVendor ManagementLegaldata analysiscomplianceperformance management

    About Bajaj Finance

    Bajaj Finance logo

    Bajaj Finance

    NBFC

    64.1k+

    employees

    1987

    39 years old

    Pune, Maharashtra

    India

    About

    Bajaj Auto Finance offers Two Wheeler loans, Three Wheeler loans & Quote Loan at low-interest rates.

    Industries

    NBFCFinancial Services

    Employees rate it well for

    Work Life Balance807Salary796Work Culture632Work Environment356Career Growth348

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    Area Manager - Mortgages/Senior Area Manager - Debt Management · waiting for your command