Kinara Capital - State Recovery Manager

About company :

Kinara Capital is an award winning social enterprise based in Bangalore addressing the INR 1 Trillion- debt gap between micro finance and commercial capital by providing collateral free loans in the range of Rs.2,00,000/- to Rs.20,00,000/- for asset finance and working capital to SMEs. Kinara has 60 offices in 6 states and current staff strength of 500+ people.

Team: Legal & Recovery

Purpose of Job:

- To provide functional support to Field Recovery Teams, Visit Delinquent Customers, Repossession of Hypothecated Assets, Police Station Visits etc.

Job

Components/Responsibilities:

- Handle Specific State for Recovery

- Review of Recovery, Tracking every delinquent 90 + Account

- Sit out of Regional Office and visit throughout their allocated regions every month basis hub requirements

- Visit Delinquent 90+ dpd customers along with RM- Sales, Legal and Hub Manager and Strategize for PAR Reduction as part of 90 + Joint Action Plan Team

- Liaison with State Legal Managers and ensure appropriate legal orders are in place for each delinquent 90 + Account

- Co-ordinate with the Hub Team in Service of LN, LRN, Arbitration Notices, S.138 Notice, Award and all other notices / orders

- Maintenance of MIS on Delinquent 90+ Accounts

- Repossession of Hypothecated Assets in co-ordination with Hub Team

- Out of court settlement of recovery matters wherever possible with approval of internal authority

- Getting Periodic PTP from Hub Team, ensuring follow up collection of the same

Qualification:

- Basic Degree

- MS office

Experience:

- At least 7+ years of total experience is essential with minimum 3-4 years of corporate experience is a mandate.

Report to: VP - Legal & Recovery

Place of work: State Office

Job Type: Field