Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages

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📍 New Delhi, Delhi, IndiaFULL TIME
Skills as per JD

About this role

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 and complying with regulators norms
Duties and Responsibilities
1. Allocation Planning: Planning allocation of portfolios to RO’s and Agencies Based on:
• Performance: Previous months track record
• Data Analysis and Insights
• 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
• Check’s on Off Role
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
• Penapp 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
• Visit critical cases on field
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
Required Qualifications and Experience
a) Qualifications
• Graduate in any discipline
b) Work Experience
• Post qualification – 3 to 5 years
• Vendor management – complete cycle
• Team management

Frequently Asked Questions

Is the salary disclosed for the Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages position at Bajaj Finance?
The salary for this Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages role at Bajaj Finance is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages position at Bajaj Finance located?
This Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages role at Bajaj Finance is based in New Delhi, Delhi, India. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages role at Bajaj Finance full-time or part-time?
This is listed as a FULL TIME position. It is posted as a Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages role at Bajaj Finance.
How do I apply for the Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages position at Bajaj Finance?
Click the "Apply Now" button on this page. You will be redirected to Bajaj Finance's official application portal hosted on peoplestrong where you can submit your application directly.
When was the Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages job at Bajaj Finance posted?
This Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages position at Bajaj Finance was posted on Jul 16, 2026. Apply as soon as possible — early applications are often reviewed first.
Area Manager - Debt Management Services - Mortgages/Senior Area Manager - Debt Management Services - Mortgages
Bajaj Finance
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