Area Manager - Collections Legal Piramal Capital & Housing Finance (PCHF)

6.0 - 10.0 years

7 - 13 Lacs

Ludhiana, Kolkata, Indore

Work from Office

Job Summary : PCHFL, as a commitment to serve all lending needs of consumers of Bharat” is hiring Area Manager - Collections Legal within the Collections function. The incumbent will be responsible for driving the overall legal action strategy in the collections function for the area for effective handling of delinquency cases 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

Posted 2 days ago

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