Job Description
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
• 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
💡 Quick Summary
Seeking a career-building opportunity? The Portfolio Resolutions Manager|ARD RETAIL|ARD Retail position is now open for candidates interested in the Bank Jobs sector. This role in Kolkata 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.
