About Areion Assets Management Pvt Ltd: Areion Assets Management Private Limited is an investment manager to a SEBI Registered Category II and Category I Alternative Investment Fund. Areion AMC has successfully managed three schemes under category II AIF. Job Summary: As a Recovery Officer, your primary role is to manage the recovery process of overdue loan payments and delinquent accounts. You will develop and implement effective strategies to minimize financial losses due to defaults while maintaining positive relationships with borrowers. Your focus will be on recovering outstanding debts in accordance with regulatory guidelines and company policies. You will also negotiate with the borrower for one time settlement (OTS) wherever feasible. You’re expected to initiate legal proceedings against the borrower wherever required. Key Responsibilities: Monitor delinquent accounts and overdue loan payments to identify early signs of default or non-payment. Track payment patterns and contact borrowers promptly when payments are missed or delayed. Develop and implement recovery strategies to maximize the collection of outstanding debts. Assess the financial situation of delinquent borrowers and determine the most appropriate recovery approach, such as negotiation, restructuring, or legal action. Contact delinquent borrowers through phone calls, emails, letters, or in-person visits to discuss repayment options and negotiate payment arrangements. Handle difficult conversations with borrowers professionally and empathetically, while firmly enforcing repayment obligations. Ensure compliance with all relevant laws, regulations, and internal policies governing debt collection activities. Work closely with legal advisors and external agencies to escalate cases for legal action when necessary and manage the legal recovery process. Maintain accurate records of all communication with borrowers, including payment arrangements, promises to pay, and legal notices. Prepare regular reports on the status of delinquent accounts, recovery efforts, and collection trends for management review. Analyze the delinquent loan portfolio to identify trends, patterns, and areas of potential risk. Assess the probability of recovering outstanding debts and make recommendations for portfolio management and risk mitigation. Provide support and assistance to borrowers experiencing financial difficulties, guiding them through the recovery process with empathy and professionalism. Handle borrower inquiries and complaints promptly and effectively, maintaining a positive customer experience. Qualifications and Skills: Bachelor's degree in Finance, Business Administration, or related field. Legal qualification will be a plus. Proven experience in debt recovery, collections, or a similar role within the financial services industry, preferably in an NBFC. Strong knowledge of debt recovery procedures, legal regulations, and industry best practices. Excellent communication and negotiation skills, with the ability to interact assertively yet empathetically with borrowers. Analytical mindset and problem-solving skills, with the ability to assess borrowers' financial situations and develop appropriate recovery strategies. Ability to work independently and collaboratively in a fast-paced environment, while adhering to strict deadlines and performance targets. Proficiency in using debt collection software, customer relationship management (CRM) systems, and Microsoft Office applications. Key Competencies: Analytical Thinking Problem-Solving Negotiation Skills Strategic Planning Relationship Building Why Join Us? Opportunity to work in a dynamic and growing industry. Competitive salary and benefits package. Collaborative and supportive work environment. Opportunities for professional growth and development. Show more Show less
Job Title: Group Chief Financial Officer (CFO) Company: Areion Group Location: Mumbai, Dadar west. Type: Full-Time Industry Areion Group of companies consisting of finance companies viz Assets Management Company, NBFC and Advisory etc. Role Summary We are seeking an experienced and strategic Chief Financial Officer (CFO) to lead the Finance & Accounts department of the Group. The CFO will be a key member of the senior management team, responsible for driving the Group's financial strategy, ensuring fiscal discipline, managing compliance, and enabling sustainable growth. Key Responsibilities Lead and manage the Accounts and Finance department of the group. Drive the group's financial planning, forecasting, and long-term strategy. Oversee the preparation and management of the company's budgets and ensure alignment with strategic goals. Track and manage cash flow to ensure adequate liquidity and financial stability. Finalize group company accounts in accordance with applicable accounting standards; ensure financial statements accurately reflect the company's financial position. Perform financial risk management through analysis and evaluation of financial data and operational performance. Establish and implement best-in-class financial practices, controls, and systems to strengthen fiscal management. Ensure compliance with all applicable statutory and regulatory requirements relevant to the respective companies and the distressed asset industry. Advise senior leadership on financial implications of strategic initiatives and provide insights for decision-making. Maintain relationships with auditors, tax consultants, banks, and regulatory authorities. Represent the company in financial and investor meetings, where required. Ensure timely and accurate financial reporting to the Board and regulatory bodies. Exhibit strong communication skills to articulate financial insights clearly in both verbal and written formats. Qualifications: Chartered Minimum 10+ years of relevant experience in a Bank, Asset Reconstruction Company (ARC), NBFC, or other financial institutions. Proven experience in managing finance functions in a regulated financial environment. (ref:iimjobs.com)