Job Description
π Summary
Bajaj Finance Ltd. is hiring an experienced and driven Zonal Manager β Debt Management Services (2W/3W) in Bengaluru (Residency Road). This senior-level role focuses on managing collection operations, vendor partnerships, and recovery procedures for Two-Wheeler and Three-Wheeler loan portfolios.
Ideal for professionals with 8β10 years of experience in loan recovery and debt collections, this opportunity requires expertise in vendor management, stakeholder alignment, legal coordination, and team leadership. If you have a strong track record in debt management, particularly in retail lending or vehicle finance, this is your chance to lead at scale and make a measurable impact.
π Job Details at a Glance
| Job Title | Zonal Manager β Debt Management Services β 2W/3W |
|---|---|
| Company | Bajaj Finance Ltd. |
| Location | Bengaluru β Residency Road, Karnataka |
| Department | Debt Management β The Wheels β Two-Wheelers/Three-Wheelers |
| Job Code | JR00189604 |
| Experience Required | 8 to 10 Years |
| Employment Type | Full-Time |
| Education Required | Graduate (Any Stream) |
| Job Level | GB07 (Senior Management) |
| Application End Date | 30 Aug 2026 |
| Preferred Industry Experience | NBFCs, Banking, Vehicle Loans, Debt Recovery |
| Key Tools & Skills | Vendor Management, SOPs, Legal Coordination, Collections CRM |
| Shift | Day Shift |
π― Key Responsibilities
π 1. Collections & Recovery Management
- Achieve EMI and penalty recovery targets across loan portfolios.
- Oversee collection operations in various payment buckets for 2W/3W loans.
- Repossess vehicles where applicable and close recovery cases effectively.
- Apply multi-channel communication strategies for improved recovery.
π 2. Vendor & Agency Management
- Appoint and oversee debt collection agencies.
- Allocate case loads to vendors and ensure SOP adherence.
- Ensure prompt EMI deposits and timely vendor payments.
- Conduct field audits and training for vendor agents.
π 3. Debt Recovery Process Execution
- Initiate and supervise customer outreach calls.
- Enforce process compliance in customer interactions.
- Collect customer feedback for process improvement.
- Organize ongoing debt recovery training programs.
π 4. Stakeholder Engagement
- Conduct regular reviews with key stakeholders.
- Realign collection strategies based on market dynamics and internal goals.
- Prioritize collection efforts based on business needs.
π 5. Team Leadership & Development
- Recruit top talent for field recovery and support roles.
- Identify and groom high-potential team members for leadership.
- Set performance benchmarks, provide mentorship, and maintain morale.
- Foster a collaborative, result-oriented work culture.
π§ Key Skills Required
- 8β10 years of hands-on experience in debt collection, especially for two-wheeler loans
- Proven expertise in managing collection teams and vendors
- Strong stakeholder communication and negotiation skills
- Familiarity with legal recovery procedures
- Leadership and team-building qualities
- Target-driven, results-oriented mindset
- Proficiency in collection tools, Excel, and CRM platforms
π Qualifications
- Minimum Education: Graduate in any stream
- Preferred Background: Finance, Collections, Banking, NBFC, Auto Loans
πΌ Why Join Bajaj Finance?
- One of Indiaβs most trusted NBFCs with a strong presence in vehicle finance
- Dynamic, high-performance culture with growth opportunities
- Work with cutting-edge digital tools for collections and CRM
- Attractive pay and benefits for leadership roles
- Be a part of a company transforming how India borrows and repays
π© Apply Now
Are you ready to lead a high-impact recovery team at one of Indiaβs top financial institutions?
Take your career to the next level.
π Click here to apply on the official Bajaj Finance Careers Page
Use Job Code: JR00189604 to find this position directly on the careers portal.