About the job

Key responsibilities:

1. Achieve collections targets by visiting customers or coordinating with recovery agencies.
2. Monitor performance against defined parameters and provide timely updates.
3. Ensure compliance with legal guidelines during the repossession of products.
4. Maintain accurate documentation of all customer interactions and recovery actions.
5. Prepare regular reports on collection activities and team performance.
6. Manage and resolve escalations efficiently within defined timelines.
7. Oversee Daily Risk Report (DRR) management and ensure accuracy.
8. Design and implement strategies to enhance recovery rates.
9. Track individual cases and ensure resolution in line with the Annual Operating Plan (AOP).
10. Manage and monitor the debt portfolio to ensure risk mitigation and operational compliance.
11. Execute debt collection strategies and report progress.
12. Collaborate with internal teams and external vendors to streamline operations.

Skill(s) required

Data Analysis Financial Analysis Financial Services Negotiations Operations Risk Assessment Risk Management

Earn certifications in these skills

Other requirements

1. Educational Qualification: Minimum graduation (Others accepted).

2. Relevant experience in collections, recovery, or financial services is preferred.

3. Skills: Account management and data analysis, trend and compliance analysis, MIS and dashboard reporting, strong communication and reporting skills.

4. Familiarity with regulatory and risk management processes.

5. Results-driven with a clear focus on target achievement.

6. Willingness to travel for field visits and customer coordination.

7. Ability to manage both individual and team responsibilities.

Salary

Probation:

Duration:

Salary during probation:

After probation:

Annual CTC: Competitive salary

Number of openings

Editor’s note

Information above is Internshala's interpretation and paraphrasing of what we found on the shared link.

About Bajaj Finserv

Bajaj Finserv Limited, established in 2007 and headquartered in Pune, is the financial services arm of the Bajaj Group, serving over 100 million customers across India. It is a diversified NBFC with major stakes in Bajaj Finance, Bajaj Allianz General and Life Insurance, and owns subsidiaries in asset management, health, ventures, and fintech. The company offers a wide range of services including loans, insurance, mutual funds, credit cards, and digital healthcare. Known for its tech-driven and customer-first approach, Bajaj Finserv continues to grow under the leadership of Sanjiv Bajaj.

Senior Executive - Debt Management Services Fresher Job