Posted By
Posted in
Banking & Finance
Job Code
810338
About Our Client :
Our client is one of the leading ARC business in India with strong foothold in the business.
Job Description :
- Reporting to the CEO and COO of the Organization you will be responsible for-
- Director resolution will be responsible for delivering recovery results from the acquired portfolios.
- Scale the partner network on a pan India basis to support business scale
- Formulate/ finalize resolution plans for financial assets and analyze the funding requirements
- Coordinate and monitor resolution transactions ( drive the resolution process, revival/ restructuring of distressed units, supervise negotiations with borrowers/ guarantors etc and participate in critical negotiations
- Strong working knowledge of SARFAESI ACT is required for the role
- Supervise unsecured debt collections and management of outsourced collection agencies
- Participate in briefing senior counsels
- Monitor revival/ restructuring cases involving funding by the company
- Monitor and develop network service providers like rating agencies, valuers, enforcement agents, security agencies, NBFC and distress funds
- Manage and develop resolution team
The Successful Applicant :
- MBA/ CA with 10+ years work experience with strong understanding of analysis of financial statements, techno-economic feasibility / viability reports., knowledge of SARFAESI, functioning of DRTs/ DRATs and official liquidators
- Experience in banking, NBFC/ARC in recoveries and collections
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Posted By
Posted in
Banking & Finance
Job Code
810338