Lending Manager

Bajaj Finance Limited

Kochi

Not disclosed

Work from Office

Full Time

Min. 3 Years

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

Cochin

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

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