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Area Manager - NPA & Write off Recovery

7 - 16 years

9 - 10 Lacs

Posted:1 month ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

Achieve assigned recovery budgets by timely and effectively complying process guidelines. Maximize recovery from assigned written off portfolio through closures, settlement and disposal of collateral. Ensure timely initiation and execution of legal tool such as a) Warrants execution under Section - Section - b) Timely execution Sarfaesi, Resolution of Fraud transaction by filing FIRs, Attachment of collateral/other properties through Sarfaesi & Arbitration and attachment of bank accounts through Arbitration and other available tools. Ensure coordination with Legal team/Lawyers for timely filing of Sec and obtaining DM orders & Enforcement of agents for timely and smooth possessions. Ensure support and facilitate disposal of properties in coordination with Disposal team. Ensure timely allocation of portfolio needs to be done on across team basis demography and volume. Ensure trail/feedback should be manage in M collect and delinquency file. Take adequate steps to ensure collection of receipts (digital modes) and deposition of customer s payment in respective accounts within timeline. Timely liquidation of possessed properties; building investors network and utilization of digital platform for smooth and profitable disposal transactions. Collaborate with business functionaries for obtaining support in resolving written off accounts. Building team; Employees & Vendors to intensify focus in extracting maximum resolution. Ensure that all the in-house officers / agencies in the location perform as per defined SLA while reducing costs incurred through vendors Utilization of available Data analytics to formulate strategy on treatment of assigned portfolio. Qualification - Graduate

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Tata Capital
Tata Capital

Financial Services

Mumbai Maharashtra

5001-10000 Employees

1130 Jobs

    Key People

  • Rajesh Sethi

    Managing Director & CEO
  • Supratim Bandyopadhyay

    Chief Financial Officer