Deputy Area Manager - Debt Management Services - The Wheels - 2W/3W
Bajaj Finserv · Pune Division
- Experience8–10 yrs
- SalaryNot disclosed
- Work modeonsite
- Posted22 Sept 2026
About Bajaj Finserv
Bajaj Finserv is hiring in Pune Division in financial services. This role looks for around 8+ years of experience.
Skills
- debt recovery
- two-wheeler recoveries
- vendor management
- Standard Operating Procedures
- stakeholder management
- team management
The role
A collections manager at a vehicle finance company manages two-wheeler recoveries, coordinates collection agencies, and oversees field recovery teams using debt recovery and vendor management. The role also applies Standard Operating Procedures and stakeholder management to improve collection outcomes.
Full job description
Location Name: Pune - Wakdewadi
Job Purpose
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.
Duties And 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 opportunity to groom them for future roles Provide ongoing coaching, mentoring, and performance feedback to ensure the team's success. Set clear targets, train & motivate the team, and foster a positive and collaborative work environment.
Key Decisions / Dimensions
Following Decisions Are Taken By The Role
Appointment of Vendors
Major Challenges
Managing assertive customers in default Dealing with deliberate defaulters Sustaining a high team morale
Required Qualifications And Experience
Qualifications Graduate in any stream Key skills required Minimum 8-10 years of work experience in a finance industry in recoveries of two wheelers Experience of managing a team is required Communication Skills & Stakeholder Management Good knowledge and connect with legal entities Leadership qualities Result Oriented Mindset Good team player Motivation skills