Legal Manager - Collections - Central Team Piramal Capital & Housing Finance (PCHF)

5.0 - 8.0 years

6 - 9 Lacs

Mumbai

Work from Office

Role & responsibilities : Arbitration - Initiation , Co-ordination with lawyer and representation before Arbitrator and High court Arbitration matters. Litigation/ Notice management- Receipt of notices, Court proceedings and distribute to the Location team for further action. Follow up for progress and maintenance of tracker and MIS. Reviewing and assessing legal documents related to debt collection, such as collection letters, demand notices, and lawsuits. Drafting and filing legal documents and pleadings with courts, such as complaints, motions, and affidavits in against Litigations. Representing creditors in court proceedings, including settlement negotiations, mediation, and trials. Conducting legal research and analysis to provide guidance on collection strategies and compliance with relevant laws and regulations. Advising on debt collection laws and regulations, such as the Fair Debt Collection Practices Act and state-specific consumer protection laws. Working closely with internal teams, such as collections departments and account managers, to develop and implement effective debt collection strategies. Communicating with clients, debtors, and other parties involved in the collection process, such as attorneys and collection agencies. Monitoring and managing collection cases, including tracking progress, updating client records, and ensuring compliance with court deadlines. Providing legal guidance and support to collection agents and other staff involved in the debt collection process. Keeping abreast of changes in debt collection laws and regulations, and proactively updating clients and internal stakeholders on relevant developments. Preferred candidate profile : Bachelor's degree in Law. 5 to 10 years of experience in Collection Legal Litigation field within the financial services industry. Strong attention to detail and organizational skills, with the ability to manage multiple tasks and priorities effectively. Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and other relevant software applications. Excellent communication and interpersonal skills, with the ability to work effectively in a team-oriented environment. Strong problem-solving skills and ability to work under pressure in a fast-paced environment.

Posted 1 day ago

Apply

Area Manager - Collections Legal Piramal Capital & Housing Finance (PCHF)

6.0 - 10.0 years

7 - 13 Lacs

Ludhiana, Kolkata, Indore

Work from Office

Job Summary : PCHFL, as a commitment to serve all lending needs of consumers of Bharat” is hiring Area Manager - Collections Legal within the Collections function. The incumbent will be responsible for driving the overall legal action strategy in the collections function for the area for effective handling of delinquency cases Role & responsibilities : Responsible for upholding the Piramal brand by overseeing delinquent customer accounts and designing sound legal strategy to ensure effective recovery and NPA management Oversee implementation of relevant legal actions within the assigned area in collaboration with the Collections team Drafting and vetting of various communications, replies, written submission, notices and Sarfaesi Act notices etc. Recommend overdue assets that are required to be written off and ensure continual improvement of debt collection and recovery procedures Responsible for management of major stakeholders such as law enforcement agencies, legal vendors, lawyers for collection and recovery Display an in-depth understanding of various legal options against delinquent customers, complaints and other types of suits in Criminal/Civil Courts Provide weekly/monthly updates to the management on areas impacting collections and recovery of delinquent assets Supporting collection team for soft bucket collection as wells NPA accounts and achieving ultimate result of recovery. Ensure adherence to compliance policies and processes during legal the process with customers Set productivity targets Preferred candidate profile : Graduate from an accredited college/Law graduates preferred Post Graduate in Management 5-10 years experience working within Legal function in Collections department of an HFC/NBFC/Bank Knowledge of laws relating to secured and unsecured lending / recovery. Experience in managing diverse teams

Posted 1 day ago

Apply

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.