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Banking Legal Collection-Asset Reconstruction dept for a BANK in Bangalore

Keywords / Skills : financial restructuring, sarfaesi, stressed assets, debt recovery, collection & legal recovery, npa resolution, sme, asset reconstruction, npa collection, lap, remedial recovery

5 - 12 years
Posted: 2019-02-13

Industry
Banking/ Financial Services
Insurance
Any
Function
Legal
Banking, Insurance & Financial Services
Role
Legal Manager - General
Collections
Legal Consultant/ Solicitor
Legal Services - Manager
Education
BL
LLB
ML
LLM
Salary
4.00 - 8.00 lacs
Posted On
13th Feb 2019
Job Ref code
Banking Legal Collec
tion
Job Description
 Recovery from Stressed Secured Loans.

 Achievement of collections targets.

 Planning, strategizing and executing effective legal remedies for resolution from NPA accounts.

 Appointment of advocates, counsels, Solicitors etc.

 Creating and maintaining good rapport with the advocates, judiciary, enforcement authorities.

 Making/arranging for effective representation in the legal matters before various courts, tribunals and authorities.

 Drafting all kinds of legal documents.

 Training, guiding, assisting and facilitating the team for optimum and quality performance.

 Consistent and effective follow up and negotiation with the customers.

 Laisoning with Lawyers and enforcement authorities, court staff etc.

 Service and execution of orders, notices, legal documents, warrants etc.

 To carryout/facilitate effective liquidation of collateral assets of securities of the borrower/co-borrower/guarantor.

 Tracing skip customers and properties and income sources of the customers

 Maintaining and updating MIS regularly.

• Excellent written and oral communication skills

 Should be a law graduate with experience of at least three -Six years of handling litigations preferably recovery matters. Additional advantage, if the candidate has worked or working in housing finance companies or in a Bank and has experience and exposure in securitization.

 Should have effective drafting and communication skills

 Knowledge of all requisite legal tools such as civil suits, DRT suits, arbitration claims, criminal complaints etc for recovery of dues and experience in employing the same

 Knowledge and working experience of local legal and execution practices and procedures

 Should be patient, committed, hard working, team player, process driven, open to new ideas, passionate, optimistic, honest and ready to accept challenges

 Should have eye for details, good integrity, intra personal skills, clarity



About Company

The Code- "Banking Legal Collection-Asset Reconstruction"
• Location – Bangalore
• Present Salary/CTC (Fixed+ Variables)
• Scanned Photo -
To- " [HIDDEN TEXT]" attn "Banking Legal Collection-Asset Reconstruction"


Portfolio Resolutions Manager (Legal Collections – Secured/ Mortgages)
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