Recovery Mgr-Department for Special Ops

Recovery Mgr-Department for Special Ops

The HDFC Bank Limited
Delhi India
5-6 years
Not Specified

Job Description

Job Description :
Job Responsibilities(JR) : 6 8 Areas Actionable (4-6)Managing the portfolio of the NPA accounts Interaction with Business & Credit team to take-over the NPA case Obtaining the loan and other documents, scrutiny of these document etc., to initiate the legal action Interaction with defaulter to try & negotiate the settlementInitiating & managing the legal action towards recovery of dues Filing recovery suits/ civil suit / arbitration, etc. Follow-up and comply entire debt adjudication process to obtain decree in favor of the Bank. Attending DRT / Civil Court / High Court etc. for critical matters, along with Advocates Execution of Recovery Certificates/ Decree/ order etc. with DRT, Courts, etc. Filing of Criminal Complaints u/s 138 of Negotiable Instruments Act for bounced cheques. Manage the customer complaints Conducting SARFAESI process As an Authorized Officer of the Bank, to conduct the entire SARFAESI process diligently including notice, symbolic and physical possession and sale subsequent to possession To address any objection raised on SARFAESI proceedings by borrower To file for Section 14 orders and seek police protection for physical possessionCompliances Tracking of legal case progress, attending the same when hearing is scheduled and updating Court Cases Portal on regular basis. Updating the seniors in DFSO, Business & Credit by way of Label Credit Review (LCR) Providing data / information related to recovery, expected recovery, legal issues (if any) etc., for various internal & external teams like senior management, business, credit etc.SkillsAbility to work under adverse environmentKnowledge of SARFAESI, Sec 138 and recovery regulations is preferredKnowledge of MS office, Excel etc.Perseverance

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