Posted By
Posted in
Banking & Finance
Job Code
1575487
- The role shall be responsible for achieving the zonal recovery targets for NPAs (SME & Corporate) including strategizing the resolution methodology, approach and resultant recoveries, providing MIS, regulatory compliances, consumer complaints, complying with business reporting requirements as per the internal processes and leading / supervision the Zonal Team.
- The incumbent should have knowledge of relevant recovery laws including IBC, 2016, RDDBFI Act, 1993, SARFAESI Act, 2002, Negotiable Instruments Act, 1881.
- Should have knowledge of secured liabilities such as term loans, working capital loans, LAP, trade finance etc.
- He should be well versed with banking processes, policies and regulatory compliances.
Key responsibilities:
- Shall be responsible for achieving the zonal recovery targets by strategizing the resolution methodology and approach
- Shall be responsible for managing the allocated Zonal Team
- Shall ensure full compliance with the regulatory and internal policies and processes including preparation and timely reporting to Head FRR
- Shall empanel, monitor and review the performance of Vendors for resolution processes including Advocates, Law Firms, Enforcement Agencies, Security Agencies, Resolution Professionals etc.
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Posted By
Posted in
Banking & Finance
Job Code
1575487