Assistant Manager – Debt Management Services (Settlement & Waiver) – Bajaj Finance Ltd – New Delhi, Pitampura
Job Description
Summary
Join Bajaj Finance Ltd as an Assistant Manager – Debt Management Services (Settlement and Waiver Unit) based in New Delhi (Pitampura). This high-impact role is ideal for experienced professionals in collections management, debt recovery, or settlement operations within the financial services or NBFC industry. You’ll be responsible for driving debt recovery, reducing delinquency, managing agency performance, and ensuring legal compliance across the North region. If you’re a strategic thinker with strong negotiation and leadership skills, this is your chance to advance your career in a dynamic and target-driven environment.
Job Details at a Glance
| Job Title | Assistant Manager – Debt Management Services (Settlement & Waiver) |
|---|---|
| Company | Bajaj Finance Ltd |
| Location | Delhi – Pitampura, New Delhi |
| Department | Debt Management Services – Settlement and Waiver Unit |
| Region | North |
| Experience Required | 4 – 5 years (MBA: 3+ years; Graduate: 7–8 years) |
| Minimum Qualification | MBA (preferred) / Graduate |
| Job Level | GB02 |
| Job Type | Full-Time, On-site |
| Shift | Day Shift |
| Posted On | 06 Sep 2025 |
| Application Deadline | 06 Sep 2026 |
| Key Tools & Skills | Debt recovery, delinquency control, legal coordination, agency evaluation, people management |
Key Responsibilities
As an Assistant Manager – Debt Management Services, your responsibilities will include:
- Achieving collection targets for assigned regions, including PL Rollback and PSBL recovery goals
- Controlling delinquency and focusing on reducing write-offs
- Ensuring proper execution of legal actions (Section 138, arbitration, summons, warrants) in coordination with legal teams
- Managing cost of collections and driving collection efficiency
- Ensuring proper documentation and compliance with audit requirements
- Maintaining adequate Feet-on-Street presence across regions and customer segments
- Defining and tracking productivity metrics for Collection Officers, DMAs, and Agencies
- Conducting weekly reviews with field collection executives to drive performance
- Evaluating and performing background/reference checks on newly appointed DMAs/agencies
- Managing ongoing training and development needs for Collection Executives (CEs)
- Supporting legal and police matters associated with collections
- Driving the CHAMPION CHAMPION collection initiative in the field
- Performing random customer visits for feedback and issue resolution
Required Skills
- Strong knowledge of debt management processes and legal recovery procedures
- People management and team leadership
- Advanced negotiation and communication skills
- Ability to lead in high-pressure, target-driven environments
- Excellent analytical and decision-making abilities
- High motivational drive and self-starting attitude
- Proficiency in using computers and field tools
Qualifications
- MBA in Finance/Operations with at least 3 years of relevant experience OR
- Graduation with 7–8 years of relevant experience in collections or recovery operations
- Prior experience in NBFCs or financial services will be an added advantage
Why Join Bajaj Finance Ltd?
- Work with India’s most diversified and fastest-growing NBFC
- Be part of a result-oriented and goal-driven collection operations team
- Exposure to legal recovery and field strategy in real-world scenarios
- Dynamic growth path and leadership opportunities
Apply Now
Looking to step into a high-impact debt management role with one of India’s leading financial institutions?
👉 Click here to apply on the official Bajaj Finance Careers Page