Job Description
Summary
Looking to advance your career in equipment finance management and collections? Bajaj Finance Ltd. is hiring a dynamic Deputy Manager – Equipment Finance to lead collections, optimize portfolio performance, and drive results in Bengaluru. This role demands expertise in equipment finance collections, strong leadership, and a proven track record of meeting targets while ensuring compliance and operational efficiency. Join a reputed financial services company and contribute to innovative financing solutions while growing your career in a high-impact environment.
Job Details at a Glance
| Job Title | Deputy Manager – Equipment Finance |
|---|---|
| Location | Bengaluru – Residency Road, Karnataka, India |
| Department | Equipment Finance Collections |
| Experience Required | 3 – 5 years |
| Job Level | Mid-level (GB02) |
| Shift | Day Shift |
| Required Skills | Collection Management, People Management, Negotiation |
| Qualification | Relevant experience in finance or collections |
| Tools & Technologies | MS Office, Collection Software |
| Application Deadline | 23 August 2026 |
Key Responsibilities
As the Deputy Manager – Equipment Finance, you will:
- Achieve and exceed collection targets for assigned territories and regions.
- Manage cost of collections to stay within budgeted limits.
- Ensure full compliance with legal guidelines and internal collection policies.
- Oversee collection agencies and executives to prevent fraudulent practices.
- Monitor portfolio bucket flows and keep write-offs within risk pricing limits.
- Resolve escalated customer issues promptly and professionally.
- Provide actionable feedback on credit policies based on market trends.
- Approve waivers related to principal and interest as per delegation matrix.
- Ensure consistent documentation and follow-up on soft bucket cases.
- Strategically deploy “Feet on Street” resources across areas and segments.
- Manage legal and police support mechanisms effectively.
- Comply with audit queries and implement corrective actions.
- Set and monitor productivity parameters for collection teams and agencies.
- Recruit, evaluate, and mentor collection officers and area managers regularly.
Skills & Qualifications
- 3 to 5 years of experience in equipment finance collections or related fields.
- Strong people management and leadership capabilities.
- Excellent communication and negotiation skills.
- Proven achievement orientation with a bias for action in high-performance environments.
- Ability to lead from the front and build strong relationships.
- High motivation, self-starter attitude, and clarity of thought.
- Working knowledge of computers and collection management tools.
Why Join Bajaj Finance Ltd.?
- Opportunity to work with a leading financial institution specializing in equipment finance.
- Dynamic work environment encouraging growth and innovation.
- Competitive salary and benefits package.
- Supportive leadership fostering career advancement.
Apply Now
Ready to take the next step in your career as a Deputy Manager in Equipment Finance Collections? Click below to apply directly on the official Bajaj Finance Ltd. careers page and start your journey towards professional growth and success.