Legal Officer – Collections

Role Purpose

To manage and execute legal recovery actions for delinquent loan accounts, coordinate with advocates and recovery teams, and ensure compliance with applicable laws while minimizing legal risk and recovery timelines.

Key Responsibilities

• Handle legal recovery cases under SARFAESI, NI Act (Section 138), Arbitration, Civil & Criminal proceedings.
• Draft, vet, and issue legal notices, demand notices, possession notices, and replies.
• Coordinate with courts, police authorities, and district administration.
• Support collection and field teams with legal strategy and documentation.
• Scrutinize loan documents, security documents, and case files before legal action.
• Assist in fraud, employee misconduct, and investigation-related legal matters (if assigned).
• Visit customers and apprise them of legal actions & pursue settlement

Eligibility & Qualifications

• LLB (Mandatory) from a recognized university.
• 1–4 years of experience in legal collections/recovery, preferably in NBFC/Bank/ARC.
• Strong working knowledge of SARFAESI, NI Act, Arbitration, IPC, CPC, CrPC, and recovery processes.

Skills & Competencies

• Strong drafting and communication skills
• Case management and documentation accuracy
• Ability to work closely with collections and operations teams
• Good understanding of recovery economics and timelines
• Willingness to travel to customer location and branch

Preferred

• Experience in secured and unsecured loan recovery
• Familiarity with LMS / legal case tracking systems

Job Types: Full-time, Permanent, Fresher

Pay: ₹30,000.00 - ₹40,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Work Location: In person