Senior Manager - Transaction - Stress Resolution Group - Infrastructure Finance Division - NBFC

Urgent Job Opening for the position of Transaction Manager (Senior Manager) - Stress Resolution Group with a leading NBFC

Business Unit : Infrastructure Finance Division

Position: Transaction Manager (Senior Manager) - SRG

Location: Mumbai

Job Purpose:

The job focuses on resolution / turnaround of stranded projects / assets. This may include providing assistance in project implementation, arranging last mile funding or undertaking recovery proceedings. The position requires the candidate to take complete ownership of the asset and focus on value maximisation for the organisation.

Principal Accountabilities:

- Resolution of specific stressed asset accounts in the wholesale banking platform including assets acquired from market with focus on infrastructure sector

- This may include completion of under construction projects including an arrangement of finance, formulation, and implementation of resolution plan for completed projects/corporates or undertaking recovery proceedings.

- Handle the assignments independently for implementation of resolution strategy through active engagement with client, the banking system and investors

- Formulation and implementation of resolution strategy to ensure recovery, improve security cover, betterment of terms so as to maximize value for the organization

- Preparation of financial models, appraisal notes, seeking internal approvals, legal documentation towards implementation of the resolution plan

- Undertaking internal and external negotiations (with borrowers, multiple co-lenders, investors and other parties) to arrive at optimal solution

- Close monitoring and management of the assets; Ensuring strict compliance with various terms of financing /resolution plan implemented

- Monitoring operational and financial performance of the portfolio and presenting the same for management review

- In case of initiation of recovery proceedings, work closely with legal teams (internal and external) for initiating / concluding on-going legal actions towards recovery of dues under various provisions of SARFAESI Act, Companies Act before all relevant forums such as DRT, NCLT, High Courts etc.

- Knowledge management pertaining to various regulations (in particular RBI regulations), laws, amendments etc. and circulating the same for the benefit of stakeholders.