Portfolio Resolutions Manager : Legal Collections

Job Description:

Portfolio Resolutions Manager : Legal Collections

Department : Retail Asset Reconstruction Division

• Recovery from Stressed Secured Loans.
• Achievement of collections targets.
• Planning, strategizing and executing effective legal remedies for resolution from NPA accounts.
• Appointment of advocates, counsels, Solicitors etc.
• Creating and maintaining good rapport with the advocates, judiciary, enforcement authorities.
• Making/arranging for effective representation in the legal matters before various courts, tribunals and authorities.
• Drafting all kinds of legal documents.
• Training, guiding, assisting and facilitating the team for optimum and quality performance.
• Consistent and effective follow up and negotiation with the customers.
• Laisoning with Lawyers and enforcement authorities, court staff etc.
• Service and execution of orders, notices, legal documents, warrants etc.
• To carryout/facilitate effective liquidation of collateral assets of securities of the borrower/co-borrower/guarantor.
• Tracing skip customers and properties and income sources of the customers
• Maintaining and updating MIS regularly.

Job Requirement:

• Law graduate from premium institutes with experience of 2-4 years of handling litigations in recovery matters, collections and recoveries, Additional advantage, if the candidate has worked or working in housing finance companies or in a Bank and has experience and exposure in securitization.
• Should have effective drafting and communication skills with experience in IBC & SARFAESI etc.
• Knowledge of all other requisite legal tools such as civil suits, DRT suits, arbitration claims, criminal complaints etc for recovery of dues and experience in employing the same
• Knowledge and working experience of local legal and execution practices and procedures
• Should be patient, committed, hard-working, team player, process driven, open to new ideas, passionate, optimistic, honest and ready to accept challenges
• Should have eye for details, good integrity, intra personal skills, clarity.