Deputy Manager – BFS Direct (Collections & Debt Management) – Chennai, Tamil Nadu
Job Description
✅ Summary: Deputy Manager – BFS Direct (Collections & Debt Management) – Chennai, Tamil Nadu
Join Bajaj Finance Ltd., one of India’s top financial services providers, as a Deputy Manager – BFS Direct (Collections) in Chennai – Anna Salai. This role is ideal for candidates with 1–3 years of experience in debt recovery, collections management, or portfolio handling who are looking to build a strong career in the financial services industry.
As a Deputy Manager – Debt Management Services, you’ll be responsible for improving collection efficiency, managing delinquent accounts, adhering to risk governance, and enhancing profitability by reducing overdue balances. If you’re detail-oriented, data-driven, and thrive in a performance-based environment, this is a perfect fit.
📌 Job Details at a Glance
| Job Title | Deputy Manager – BFS Direct (Collections & Recovery) |
|---|---|
| Company | Bajaj Finance Ltd. |
| Location | Chennai – Anna Salai, Tamil Nadu |
| Department | Debt Management Services – Collections |
| Job Type | Full-Time |
| Experience Required | 1 – 3 Years |
| Region | South India |
| Shift | Day Shift |
| Job Code | JR00185886 |
| Posting Date | 29 July 2025 |
| End Date | 29 July 2026 |
| Key Tools & Skills | Collections, Debt Recovery, Risk Governance, MS Office |
🎯 Key Responsibilities
As the Deputy Manager – Collections, your role will include:
- 📈 Managing delinquent portfolios and reducing overdue balances.
- 🔄 Achieving monthly and quarterly collection efficiency targets across assigned products.
- 📊 Monitoring high-risk accounts and reporting early signs of default or potential stress.
- 📁 Ensuring accurate and timely documentation of all collection activities (Collection Trails).
- 🔐 Adhering strictly to internal risk governance policies and compliance standards.
- 💬 Coordinating with legal teams and law enforcement for escalated recovery cases.
- 🔍 Evaluating and providing feedback on collection strategies to improve recovery effectiveness.
- 📉 Managing cost-of-collections while maintaining productivity benchmarks (PTP ratio, TAT, MIS, etc.).
- 📋 Ensuring timely settlement processing and zero delay in cash handling or reconciliation.
🧠 Skills Required
To succeed in this collections and recovery role, you should have:
- 📞 Strong communication (verbal and written) and negotiation skills
- 📈 Data analysis mindset for identifying risk trends and optimizing recovery strategies
- 🧩 Proficiency in Microsoft Office, especially Excel
- 🤝 Ability to coordinate with cross-functional teams (legal, operations, field staff)
- 🧭 Goal-oriented attitude with a focus on results and compliance
🎓 Qualifications
- ✅ Education: Graduate in any discipline
- ✅ Experience: 6 months to 3 years in collections, debt recovery, or portfolio management
- ✅ Industry: Preference for candidates from NBFC, Banking, or Collections agencies
🌟 Why Join Bajaj Finance Ltd.?
- 🌐 Be a part of India’s most innovative and fast-growing NBFC
- 📊 Gain hands-on exposure in debt management, compliance, and risk control
- 💼 Performance-based growth with structured training support
- ✅ Opportunity to work in a highly dynamic and impactful role in the BFS sector
📥 Apply Now
Take charge of your career in collections and recovery with Bajaj Finance Ltd. Apply now for the position of Deputy Manager – BFS Direct (Debt Management Services) at Chennai – Anna Salai.
👉 Click here to apply on the official Bajaj Finance Careers Page
🕒 Application deadline: 29 July 2026