21 days ago
Assistant Manager BFS Direct
Bajaj Finserv
On Site
Full Time
₹300,000
Bengaluru, Karnataka, India
Job Overview
Job TitleAssistant Manager BFS Direct
Job TypeFull Time
Offered Salary₹300,000
LocationBengaluru, Karnataka, India
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Job Description
Assistant Manager BFS Direct
Bajaj Finance Limited is seeking an Assistant Manager for their BFS Direct team in Bengaluru. This role is crucial for enhancing business profitability by effectively managing the delinquent portfolio.
Responsibilities:
- Achieve desired collection efficiencies across managed products.
- Ensure adequate collection intensity and follow-up for all delinquent accounts.
- Meet monthly targets for Cost of Collections and PI.
- Continuously review portfolio, reporting early/potential stress accounts.
- Properly document all collection activities in Collection Trails.
- Adhere to all collection processes and risk governance mandates.
- Liaise with legal/law enforcement for speedy recovery.
- Provide feedback on collections strategies.
- Ensure optimal resource utilization (visits, contacts, PTP conversion, settlements).
- Maintain zero delay in cash TAT and MIS.
Required Qualifications and Experience:
- Graduate in any specialization.
- Good verbal and written communication skills.
- Proficient in Microsoft Office.
- Experience: 06 Months - 3 Years
Key skills/competency:
- Assistant Manager
- BFS Direct
- Delinquent Portfolio Management
- Collection Efficiency
- Risk Governance
- Legal Liaison
- Portfolio Review
- Microsoft Office Proficiency
- Customer Recovery
- Financial Services
How to Get Hired at Bajaj Finserv
- Tailor your resume: Highlight relevant experience in portfolio management and collections, quantifying achievements.
- Craft a compelling cover letter: Emphasize your understanding of financial services and collection strategies.
- Prepare for interviews: Be ready to discuss your experience with delinquent accounts and problem-solving skills.
- Showcase proficiency: Demonstrate your Microsoft Office skills and communication abilities.
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02What qualifications are required for the Assistant Manager position?
03What is the expected experience level for this Assistant Manager role?
04What are the key responsibilities related to collections in this role?
05How does this role contribute to the company's financial goals?
06What kind of reporting and documentation is expected from the Assistant Manager?
07Does this role involve interaction with external agencies?
08What proficiency is needed in terms of software or tools?
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