Portfolio Resolutions Manager-ARD RETAIL-ARD Retail Portfolio

☞ Kotak Mahindra

View: 106

Update day: 06-05-2024

Location: Hyderabad / Secunderabad Telangana

Category: Finance / Bank / Stock

Industry: Financial Services

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Job content

Job Role :

The key responsibilities of the role will be as follows:

  • Recovery from Stressed Secured Loans.
  • Achievement of collections targets.
  • Planning, strategizing and executing effective legal remedies for resolution from NPA accounts.
  • 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
  • Consistent follow up and negotiation with the customers.
  • Laisoning with Lawyers and enforcement authorities, court staff etc.
  • Provide service and execution of orders, notices, legal documents, warrants etc.
  • To 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 Requirements :

  • Should LLB/BA LLB/LLM with minimum experience 3-6 years of handling litigations.
  • Preferable if the candidate has prior worked or working in housing finance team.
  • Experience and exposure in securitization and recovery matters.
  • Should have effective Legal drafting and communication skills
  • Knowledge of all 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

Eligibility :

  • Spent two years in the same division function role location.
  • Applications can be made for roles in same level or one level above.


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Deadline: 20-06-2024

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