Transaction Leader - Special Situation Group - Stressed Assets - BFSI

Stressed assets

Job Description :

Position Title : Transaction Leader - SSG

Division / Department : Special Situation Group

Location : Mumbai

Job Purpose :

- Responsible for resolution of distress and special situation in specific assets which involves business analysis, study of Companies potential, industry risk, prospects, business and financial restructuring, change of management, induction of strategic investor, valuation & sale of assets and investments, initiating legal actions in different forums like CDR, DRT, BIFR and under provisions of Securitization Act, 2002 and New Companies Act.

- Active management of distress assets involving interaction with top management of the restructured company, performance monitoring & benchmarking, adherence of terms of restructuring.

Principal Accountabilities :

- Accountabilities Lead team for Resolution of Specific Assets

- Handle the assignments independently for identification of problems through active engagement with PFG & client. - Close monitoring and maintaining identified potential stress cases - Improvement of security cover, betterment of terms for L&T Infra Finance - Rope in senior management to

- Leading execution of resolution strategy, arrive at workable solution, negotiations with the client and other external and internal body. Principal Recovery targets- Process management for getting Profit (write-back) targets Buy in of all stake holders, taking internal approvals and Target timelines v/s Actual timelines for implementation of the solution resolution of cases arrived for stress cases Active management of stress Asset Classification Improvement accounts and recovery proceedings (As decided by MC for Identified cases) Ideation/option generation and analysis to find solutions for Special Assets

- Internal and external negotiations (with Borrowers, CDR forum, multiple co-lenders, private equity investors and other parties) to arrive at optimal solution