Senior Manager - Resolution - Asset Reconstruction Firm

Sr Manager Resolution - Asset Reconstruction Company

Job Description :

1. Evaluating NPA accounts by taking Physical possession, sale of property as per SARFAESI guidelines.

2. Responsible for overall debt control, recoveries and collections of NPAs. Responsible for making collection strategies and its implementation in line with company objectives.

3. Issuance of Notices/Replies to notices.

4. Compliance of ARC related prudential guidelines prescribed by RBI.

5. Making strategic planning for action under SARFAESI Act - from initial Notice, handling objections and taking the cases to possessions/ foreclosure; taking up cases before DRT and filing suits where required for possession and recovery of properties in all eligible delinquent cases in Mortgages.

6. Sale of Assets through DRT process under Recovery Proceedings.

7. Drafting and vetting of legal documentation and ensure legal compliances are adhered.

8. Prepare various drafts for filing under various Acts like DRT, NCLT.

Experience :

1. Litigation exposure is desirable.

2. Must have relevant experience in SARFAESI Act, IBC, NCLT etc. rules and regulations.

3. Experience of handling NPA cases in ARC/Banking/NBFC/Financial Institutions.

Qualification :

- CA/MBA/CFA/LLB (Mandatory)

Technical Knowledge & Skills :

- Strong network in various departments

- Conflict resolution

- ARC industry

- RBI regulations

- Proven proficiency in MS Office/ Excel

- Good negotiator