Vivriti Captial - Stressed Asset Manager

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.