VIVRITI CAPITAL LIMITED

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.