Key Skills - Non Performance Accounting, Resolution of NPA, Asset Reconstruction, Resolution of Distressed Assets, Enforcement, SARFAESI. Alchemist Asset Reconstruction Company Limited (AARC) is engaged in acquisition of distressed financial assets from the banking system and unlocking the value from these assets by customized reconstruction and value enhancement of the underlying businesses / securities through an efficient resolution process. It is one of only 22 such companies in India, duly licensed by the RBI in 2007. http://alchemistarc.com/ We are looking for a candidate with minimum 3 years experience for resolution of Non-Performing Financial Assets or Corporate Distressed Debt acquired from Banks. This person would come from an Asset Reconstruction Company or stressed Asset Branch of an ARC or from the debt resolution agencies. The candidate would have the following roles and responsibilities. - Complete post acquisition formalities such as registration of assignment agreement, filing of modification of charge, CERSAI Registration, send intimation letters to borrower and file substitution application in any pending litigation. - Formulate strategy for the resolution of asset i.e. determining whether to restructure the account or settle with the borrower or whether recoveries will come from sale of assets. - Negotiate settlements and restructuring proposals with the borrower. - Prepare resolution plan and presented it to the asset resolution committee. - Coordinate legal proceedings and brief lawyers for arguments in the following forums; Debt Recovery Tribunal, Debt Recovery Appellate Tribunal, High Court and Supreme Court all around India. - Initiate SARFAESI action/proceedings by sending demand notice and replying to any objections and thereafter applying to magistrate to take possession of properties. - Publish sale notices and identify potential buyers for the properties. Note: Candidates from ARC/Recovery Agencies/Recovery department of Bank, NBFC or Corporates shall be considered.

Delhi

Alchemist Asset Reconstruction - Manager - Resolution 

Alchemist Asset Reconstruction - Manager - Resolution  ,Job Description for Alchemist Asset Reconstruction - Manager - Resolution  in Alchemist Asset Reconstruction Company Limited in  Delhi for (5-8) years of experience. Apply Now!

Job Description for Alchemist Asset Reconstruction - Manager - Resolution  in Alchemist Asset Reconstruction Company Limited in  Delhi for (5-8) years of experience. Apply Now!