Recovery Head

7 - 12 years

20 - 30 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

  • Analyze and assess recovery cases, especially NPAs, including financial exposure, available securities, and borrower profile.
  • Develop and implement recovery strategies aligned with regulatory and institutional frameworks.
  • Liaise with borrowers/promoters for negotiation, settlement discussions, and enforcement actions.
  • Guide and oversee actions under SARFAESI Act and SFC Act, including asset seizure, public auction, and legal proceedings.
  • Coordinate with external legal counsel for filing suits, legal notices, and representation in appropriate forums (DRT, NCLT, etc.).
  • Participate in follow-ups with government departments, promoters, and financial institutions.
  • Oversee reporting and documentation including MIS, recovery dashboards, and board-level reporting.
  • Assist in vetting One-Time Settlement (OTS) proposals and restructuring of stressed assets.
  • Ensure compliance with all statutory, regulatory, and internal policy requirements.

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