Assistant Manager - Legal Recovery

You can become a part of … … a truly aspirational brand, one of India’s fastest growing fintech companies that offers a range of financial services & products for merchants, kirana store owners and end consumers. Valued at over $2.8 Bn within a short span of 3+ years, we focus on empowering small business owners and retailers with business ranging from QR & PoS payments to easy loans to high-yield investment products which in turn enables them to grow and transform. We understand that business and culture are two sides of the same coin. So, alongside business, we are equally focused on building a culture where employees succeed unconditionally. We believe we are in an ever-evolving space with immense opportunity to build for Bharat! Our people will enable this journey with their ideas, innovations and capabilities. We value diversity, where we encourage different points of view, ways of thinking, new capabilities to strengthen and improve the lives of our customers. And that is not all, we have a lot of fun while we explore new ideas, solve real problems, collaborate, connect — and we do it all together. Connect with us over social media, coffee or call. We promise to excite you with an opportunity that will “change the game”!

In this role, you have the opportunity to …

● Be a part of the team building the definitive financial services platform for the consumer community in India.

● Be responsible for developing & growing one of the first successful implementations of lending based on velocity-led underwriting in this part of the world.

● To straddle zero-to-one experiments and expanding the scope of proven projects as we focus on blitz scaling our revenue growth.

Responsibilities will include …

Functional Expertise

● In depth knowledge of filing cases in Lok Adalats, under Section 138 / 25, Arbitrations to enhance extraction from delinquent pool

● Detailed knowledge of Legal collection process in the fintech environment.

● Empanel Advocates / Law Firms for conducting legal activities

● Synchronizing with external stakeholders regarding ongoing Litigations.

● Liaising with various segment of legal entities for faster resolution of existing cases.

● Managing Legal Vendors

● Maintain Data with filing status

● Timely report to senior management the effectiveness of legal procedures Interaction

● Work closely with Internal collection teams to get the support in identifying the cases where and legal process to be initiated

● Close coordination with Central legal team to get the required authorizations to get the cases filed

● Synchronizing with external stakeholders regarding ongoing Litigations. Problem solving

● Execute legal tools for the desired resolutions.

● Research industry best practices; make recommendations accordingly.

To succeed in the role

Impact

● Ensure to extract maximum from NPA pool

Challenges & Decisions

● Ensure to deliver required results with minimum legal cost

● Working in a highly fast paced, challenging & competitive landscape.

Qualification & Experience (type & industry)

● Graduate or Post-Graduate.

● Law Graduate from a recognized University

● 5-6 years of experience in equivalent or relevant field.

Skills & know-how

● Good Analytical Skills.

● Strategic and analytical thinking

● Problem solving and decision-making skills

● Strong understanding of legal tools

● Understanding of SARFAESI, Arbitration, Section 138 & 25

● Team Player with group management skills

Behaviors

● Quick Learner, dynamic and Go-getter

● Willing to travel for execution of legal tools

● Strong execution capabilities and rigor – you are not afraid to get your hands dirty, are detail oriented and stay on top of things to ensure you deliver consistently