Achieve business targets for equipment financing (loans/leases for machinery, capital equipment) in the assigned region/territory.
Manage and support the team of area/branch managers, sales or channel partners to drive origination, conversion, and disbursements of equipment-finance products.
Monitor portfolio performance: track delinquencies, bucket flows, write-offs, risk metrics, and implement corrective actions to maintain asset quality.
Ensure credit / documentation / compliance standards are adhered to: review credit proposals, approvals, ensure legal & regulatory compliance, assist audit & internal controls.
Oversee collections and recovery process for equipment-finance portfolio: manage collection agencies/executives, monitor cost of collections, ensure PI/interest cost targets, reduce write-offs.
Strengthen channel partner relationships and develop new markets or vendor partnerships: identify growth opportunities in equipment financing for target segments.
Provide feedback on credit policy, market trends, product offerings based on field insights and competitor intelligence.
Manage team productivity: set parameters, monitor performance of area managers/collection officers, recruitment/training of staff, regular reviews.
Handle escalated customer or partner issues and ensure satisfactory resolution.
Ensure all operational and risk management guidelines are followed, respond to audit queries, implement corrective & preventive actions.
Competitive fixed salary plus performance-linked incentives/bonuses tied to business metrics, asset quality and portfolio performance.
Travel, fuel, mobile/telephone,/or field-allowances, especially if the role involves regional travel for equipment finance.
Medical insurance (employee + dependents) and life/accidental insurance.
Provident Fund (PF), gratuity and other retirement/legacy benefits as per company policy.
Paid time off: annual leave, casual leave, sick leave; possibly flexible working arrangements depending on policy.
Training and development programmes (for leadership, credit/risk management, portfolio management).
Career progression opportunities: path to Manager → Senior Manager → Lead / Head of Equipment Finance.
Mobile/internet reimbursement or company-official device, given field/sales nature of role.
Recognition/awards for top performance, which might include extra perks, trips, or non-monetary rewards
What is Bajaj Finance Bajaj Finance Ltd (BFL) is a non-banking financial company (NBFC) in India. It is part of the Bajaj Finserv group. It’s a deposit-taking NBFC (NBFC-D) and is classified as NBFC-Investment & Credit Company (NBFC-IC... Read More