Manager - NPA and Write Off Recovery - Bhubaneshwar - Samantarapur - JM
Bhubaneswar, Odisha
Permanent
Full-time
2 months ago
Job Description:Core Responsibilities:o Maximize recovery & reversal from assigned NPA & written off portfolio through closures, settlement and disposal of collateral.o Ensure timely initiation and execution of legal tool: Warrants execution under Section -138/ Section -25, Timely execution Sarfaesi, Resolution of Fraud transaction by filing FIRs, Attachment of collateral/other properties through Sarfaesi & Arbitration and attachment of bank accounts through Arbitration and other available tools.o Facilitation in liquidation of possessed properties; Connecting with local brokers and facilitating property visits to prospective buyers. Comply with complete auction terms ; Documents , Bids and sale amount deposition.Coordination with respective legal managers to attend courts for early release of orders Possession coordination and Enforcement of Sarfaesi in collaboration with legal team.o Collaborate with business/Legal functionaries for obtaining support in resolving written off accounts.o Coordinate and Management of Vendors / In-house team members in terms of driving maximum resolution from assigned portfolio.o Coordinate with Central Debt team for smooth Vendor bills clearance.Graduate : YesMasters/Postgraduate: OptionalDesired Experience: Minimum 4 to 6 years in the field.