Lending Manager
Bajaj Finance Limited
Lending Manager
Bajaj Finance Limited
Chandigarh
Not disclosed
Job Details
Job Description
Regional Manager - Debt Management Services - Mortgages/Senior Regional Manager - Debt Management Services - Mortgages
Job Purpose | Managing the collections unit in a particular area and monitoring the collection of the amount due to the organization, while ensuring that cases are handled appropriately according to the company guidelines |
Duties and Responsibilities | 1. Allocation Planning: Planning allocation of portfolios to agencies and Ros Based on: • Performance: Previous months track record • Geographical dimensions • Capacity • Location 2. Vendor Management: Activities including researching and sourcing vendors, obtaining quotes, analyzing capabilities, turnaround times, negotiating contracts and managing relationships. Role would include: • Capacity Check based on portfolio trends • Availability checks: Checking if the agencies cater to the particular location • Performance checks: based on data collected on agencies past performance and their record history • Field FOS check 3. Processes: • Vendor Bill tracking and confirmation • Performing adequate compliance checks based on company policies and legal requirements • System allocation and admin services facilitation by connecting with the requisite teams 4. People / Team Management i) New Joinee Inductions • FinnOne Code generations • Products information to be shared • Vendor introductions to be made • Information on Performance pay metrices and the policies regarding the same • Teams past performance information to be shared to set a base ii) Performance Management: Sets milestone targets for the team; Analyses performance along with team to generate insights and plan actions accordingly - ensures improved performance 5. Performance: • DRR of Area/Location • Track vendor wise performance and provide due support |
Key Decisions / Dimensions | • Management of high value cases • Agency assessment and influencing for support in achieving targets |
Major Challenges | • Portfolio Management – closing cases at Bucket X • Managing difficult locations with scarcity of relevant talent • Need to involve dealers to achieve collection target achievement |
Job role
Work location
Chandigarh
Department
Banking / Insurance / Financial Services
Role / Category
Lending Operations
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 3 years
About company
Name
Bajaj Finance Limited
Job posted by Bajaj Finance Limited
This job has expired