Stressed Asset Recovery - Mumbai
To look after stressed asset recovery related to large accounts in order to do the following :
- Loan Recovery / Reconstruction, Loan Restructuring with enhanced security
- Project / Business Take over
- The role is primarily responsible for driving collections and recovery of overdue payments from customers in stressed Strategic accounts (critical NPA) to maximize overall profitability.
- Responsible for creating structured innovative solutions for stressed strategic accounts to fill the asset-liability gap
- Maintaining relationship with strategic stressed clients to facilitate recovery and ensure future business with the client
- Facilitate loss claim recovery from the critical identified accounts
- Understanding of Legal aspect
- Networking with banks/nbfcs/infra developers
- Undertake necessary actions in co-ordination with the legal department for cases that need to be restructured and for cases that can be recovered through legal intervention
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