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Assistant Manager - BFS Direct (Collections & Recovery)

Bajaj Finance

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✅ Verified
📍 LocationMumbai
💼 Job TypeFull-Time
⏱ Experience1-3 Years
🎓 QualificationAny Graduate (Any Postgraduate preferred
💰 Salary ₹3.0 Lakhs – ₹4.5 Lakhs per annum
🛠 SkillsCollections Management, Delinquent Portfolio Management, Risk Governance, Recovery, Legal Compliance, Vendor Management, Microsoft Office (Excel, Word, PowerPoint), Data Analysis, Reporting, Process Adherence, Team Coordination, Debt Recovery, Cash Management, MIS Reporting

Job Description

Job Highlights

  • Graduate with 6 months to 3 years experience and proficiency in Microsoft Office
  • Manage delinquent portfolio to achieve collection efficiencies, ensure adherence to risk governance, coordinate with legal agencies, and optimize collection resources

Job Purpose

"This position is open with Bajaj finance limited"

Duties and Responsibilities

1. Portfolio Management

To enable enhanced business profitability through effective management of the delinquent portfolio. To achieve the desired collection efficiencies across product managed.

2. Collection Execution

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.

3. Portfolio Monitoring

Continuously review the location portfolio and report early/potential stress accounts.

4. Documentation & Compliance

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.

5. Legal Coordination

Liaison with legal/law enforcement agencies for speedy recovery.

6. Strategy & Reporting

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

About Bajaj Finance

Bajaj Finance is India's leading non-banking financial company (NBFC) with a 3.9+ rating on Glassdoor. The company offers a wide range of financial products and services to individuals and businesses across India.

Why Join Bajaj Finance?

  • ✅ India's leading NBFC with 3.9+ Glassdoor rating
  • ✅ Work in the fast-growing BFSI sector
  • ✅ Opportunity for career growth and learning
  • ✅ Competitive compensation and benefits
  • ✅ Work in a dynamic and supportive environment

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