Area Manager - Collections Legal

Piramal Capital & Housing Finance (PCHF)

6 - 10 years

7 - 13 Lacs

Ludhiana Kolkata Indore

Posted:1 day ago| Platform:

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Skills Required

Arbitration Collection Legal DRT Sarfaesi Act 138 Act

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Summary :

Area Manager

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

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