Job Description
1. Day to day case management of the High Risk & High Value Commercial Portfolios. Working with individuals and third parties to manage stressed assets portfolios.
2. Liaison with Banks, NBFCs, and Financial Institutions for empanelment, allotment of Cases, Periodical reporting on resolution of allocated cases.
3. Keeping track of portfolios by maintaining MIS on the basis of feedback from bankers, actual assessment of ground work, review of cases.
4. Regular visits to the borrowers / Properties in all allocated accounts.
5. Review and monitoring of applications filed with District Magistrate / Metropolitan Magistrate, police tie-up, to oversee arrangement for physical possession of mortgaged property, to participate in seizure operations in important / high value cases.
6. Review of works of local staff / Associates, co-ordination with Back-end team of HO for documentation, reports, monitoring of security arrangements/ ensuring observance of SOPs by staff.
7. To make efforts and to monitor efforts of local team for sale of property, meeting property dealers, looking for potential customers for property.
8. To conduct / monitor auction of properties.
+. Monitoring of billing, fee recovery and liaison with bankers for the same on need be so basis.
10. Regular Weekly reporting to Senior Management for case to case status, billing, marketing efforts etc.
11. Training for the applicable law (SARFAESI Act), procedure, documentation, Standard Operating procedures (SOPs) and practical knowledge would be provided at the beginning of the job besides day to day instruction & guidance at each step.
Qualification - Graduate
Salary- 15k-25k
Job Type: Full-time
Salary: ₹15,000.00 - ₹25,000.00 per month
Schedule:
Day shift
Ability to commute/relocate:
Delhi, Delhi: Reliably commute or planning to relocate before starting work (Required)
Experience:
total work: 1 year (Preferred)
Speak with the employer
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💡 Quick Summary
Seeking a career-building opportunity? The Debt Recovery Officer position is now open for candidates interested in the Bank Jobs sector. This role in New Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
