3 Stressed Assets Jobs

About Vivriti Group: - Vivriti Group is a trailblazer in the mid-market lending space, offering customized debt solutions to mid-sized enterprises. The group operates through two core businesses:. - Vivriti Capital Limited: A systematically important Non-Banking Financial Company (NBFC ND-SI) regulated by the Reserve Bank of India (RBI). - Vivriti Capital has disbursed over USD 3 billion to 300+ enterprise borrowers and holds a CRISIL rating of A+. - Vivriti Asset Management: A fixed-income fund manager, managing multiple Alternative Investment Funds (AIFs). - With over USD 550 million in commitments from 900+ institutional and private contributors, Vivriti AMC has invested more than USD 600 million across 90+ entities. Role Overview: - The Stressed Assets Manager will manage a portfolio of non-performing and stressed accounts and be responsible for strategizing, initiating, and executing recovery actions, including legal and out-of-court settlements. - The role demands in-depth knowledge of recovery frameworks like IBC/NCLT, SARFAESI, and DRT. Key Responsibilities: Account Management & Resolution Strategy - Handle resolution of stressed accounts through - Discussion & closure with the borrower. - IBC (Insolvency & Bankruptcy Code) and NCLT processes. - One-Time Settlements (OTS) and direct negotiations. - Enforcement actions under SARFAESI and DRT proceedings. - Assess financial viability of borrowers and structure recovery plans accordingly. - Legal Proceedings & Documentation:. - Collaborate with legal counsel to initiate and monitor recovery proceedings. - Draft and review legal notices, settlement documents, and affidavits for recovery cases. - Represent the organization in NCLT/DRT hearings and manage coordination with external lawyers. Stakeholder Management: - Liaise with internal stakeholders (credit, legal, risk, finance) for a coordinated recovery approach. -Maintain strong relationships with external legal firms, insolvency professionals, resolution agents, etc. MIS & Governance: - Maintain updated trackers and dashboards for all stressed cases and their progress. - Ensure compliance with RBI guidelines, internal governance, and audit standards. Key Competencies: - Expertise in legal frameworks for recovery: IBC, NCLT, SARFAESI, DRT, Civil/Criminal Recovery. - Strong negotiation and conflict resolution skills. - High emotional intelligence to handle sensitive and high-stake situations. - Proficient in drafting legal documentation and recovery notices. - Analytical thinking and ability to manage multiple high-pressure accounts. Location: Chennai / Mumbai. Experience Required: 5-10 years. Educational Qualification:. - Graduate in Law/Commerce/Finance (mandatory). - MBA (Finance) or LLB/LLM preferred or CA. - Reports To: Head - Collections & Stressed Assets.

You should possess a qualification such as MBA (Finance) / CA / ICWA / CFA or any equivalent qualification along with 2-5 years of experience in CA firms, Syndication, consultancy firms, financial consultancy firms, Banks (Corporate banking), NBFCs, or finance (treasury) side of mid-size manufacturing companies. Your expertise should include the preparation of financial models (Green field, brown field, restructuring), financial statement analysis, and project appraisal notes. Basic knowledge of Bank credit, risk evaluation & sanctioning activities is required. Fluency in written and spoken English is a must. Knowledge of TEV & LIE report preparation, and RBI guidelines related to lending is an added advantage. Candidates from financial consultancy firms, techno-commercial consultants, merchant banking companies, rating companies & Asset reconstruction companies, or those with experience in fund-raising in manufacturing companies are preferred. Understanding of debt restructuring guidelines and experience in handling stressed assets and restructuring will be advantageous. Your responsibilities will include offering various services related to banking support, such as Preparation of detailed project report (DPR), Appraisal / Techno Economic Viability (TEV) Study, Loan Syndication, Lender Independent Engineers (LIE) Services, Debt Restructuring, Due diligence (Technical / Financial), and Drafting the DPR / TEV / LIE report. You will also be involved in providing financial inputs for reports, evaluating financial models, assessing financial assumptions, creating independent financial models, calculating accounting ratios, assessing technical inputs, visiting client units/offices, attending meetings with clients/bankers/client consultants, and more. Remuneration will be based on your understanding, ability, exposure, and experience. For HR & Careers, Contact: hr@mitconindia.com,

Role & responsibilities Resolution of stressed and special situation assets which involve business analysis study of company potential, industry and management risk, business and financial restructuring. Monitoring of early warning signals, cashflows, operational and financial performance of allocated portfolio. Review of credit files/ security documentation taking corrective actions in case of any discrepancies. Interacting with all stakeholders including company officials, other lenders, internal stake holders to ensure timely and appropriate implementation of banks strategy wrt to allocated portfolio. Close coordination with Legal team for cases which may involve litigation. Interaction with advocates for filing suits initiating legal action under SARFAESI, NCLT, DRT etc. Emphasize on value realization from portfolio through cross sell , advising, developing sustainable business plans. Preferred candidate profile Strong Credit Analytics/ Experience in handling stressed accounts (Preferred). Experience in preparing Credit Appraisal and Financial Analysis. Through Knowledge of RBI Guidelines/ IBC related guidelines/Restructuring. Strong interpersonal skills.