Area Collections Manager

Updated: April 25, 2024 01:54 PM GMT

Bajaj Auto Finance

Nizamabad, Telangana

Roles and Responsibility

Process related
• Managing the collections through team of COs/DMAs.
• Responsible for the collection’s performance on various collection parameters such as:
• a) Arrear resolution
• b) Bucket wise resolutions (Including the Roll forward rates, Loan loss provisioning, and Penal interest collection for the assigned geographical area.)
• Performance review on field – monthly basis and Quarterly performance review of the CO’s of allocated collection targets
• Monthly review (Agency performance, acting against the low performer COs, DMAs (off rolls) & agencies, identifying & suggesting new agencies / DMAs for collection & evaluation & empanelment of these new agencies.
• Ensuring periodic billing & processing of the payouts for the agencies / DMAs as per the approved payout grids.
• Periodic evaluation / correction of the field capacity as per the Avg. Collection Ratio (ACR)
• Ensuring smooth execution of the various strategies/drives planned by HO/RO for... More Detail