Asset Recovery Executive

Indusind Bank

2 - 4 years

3 - 4 Lacs

ludhiana punjab india

Posted:2 days ago| Platform: Foundit logo

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Skills Required

delinquent assets management recovery collections legal cases handling regulatory compliance litigation stocks handling

Work Mode

On-site

Job Type

Full Time

Job Description

We are seeking a proactive and results-driven Asset Recovery Executive to manage and recover delinquent assets on behalf of IndusInd Bank.
The ideal candidate will be responsible for meeting assigned recovery targets every month, conducting field visits, handling cases against the bank, and ensuring daily customer visits.

Key Responsibilities:

Ensuring collection targets assigned basis product/asset flag
Handling all cases filed by Bank. Duly represented by Advocates with adequate inputs of Asset recovery executives.
Ensure daily customer visits to build rapport, negotiate settlements, and recover outstanding dues.
Settlement Proposals are to be sent to SLC immediately for review and further action.
Latest updates on market is to be shared by AR executives to SLC's daily basis
Maintain accurate records and documentation of all interactions, visits, and recovery efforts.
Judgements and Citations relevant are duly updated as an ongoing activity
Regulatory/Ombudsman/CRM/Sr Management complaints are ensured appropriate response with TAT
Litigations Stocks are followed up in Courts/Consumer Forums for Resolution on daily basis
Advocates payments and cases allocations are initiated as and when received.

Requirements:

Minimum qualification required-LLB (Either five years integrated course or three years course) from a reputed university.
Strong communication and negotiation skills.

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