Portfolio Resolutions Manager-ARD RETAIL-ARD Retail Portfolio

Portfolio Resolutions Manager-ARD RETAIL-ARD Retail Portfolio

Kotak Mahindra Bank Limited
Delhi India
3-6 years
Not Specified

Job Description


Job Description :
Job Role :
The key responsibilities of the role will be as follows:
Recovery from Stressed Secured Loans.
Achievement of collections targets.
Planning, strategizing and executing effective legal remedies for resolution from NPA accounts.
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
Consistent follow up and negotiation with the customers.
Laisoning with Lawyers and enforcement authorities, court staff etc.
Provide service and execution of orders, notices, legal documents, warrants etc.
To 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.
Job Requirements :
Should LLB/BA LLB/LLM with minimum experience 3-6 years of handling litigations.
Preferable if the candidate has prior worked or working in housing finance team.
Experience and exposure in securitization and recovery matters.
Should have effective Legal 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
Eligibility :
Spent two years in the same division function role location.
Applications can be made for roles in same level or one level above.

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