AddressThis is for a FinTech company, Product : Digital Unsecured PL
As the head of the recoveries function, defining and implementing the recovery strategy for the company, you will be building and guiding a high-performing team, appoint recovery / legal agencies on locations and ensure all recovery parameters are achieved for the company.
Responsibilities:
STRATEGIC/MANAGERIAL RESPONSIBILITIES:
- Develops and implements a recovery strategy in line with the company objectives.
- Supports the development of the workforce plan for the recovery function for creating a high-performing team.
- Manages and controls the operating framework for the recovery function, provides guidance and support, ensures implementation and review of work processes in order to achieve high-performance standards and continuous improvement
CORE RESPONSIBILITIES:
- Maximize recovery reversal from assigned NPA written off portfolio through closures, settlement, and disposal of collateral.
- Ensure timely initiation and execution of legal tool: Warrants execution under Section -25, Timely execution
Job Requirements:
- Should have worked in a similar position for at least 2 years with an overall 15+ yrs experience.
- Should have experience of managing Unsecured business at a National Role in the past.
- Thorough knowledge of the recovery legal process is a must.
- Should be open for extensive traveling.
- Should be able to liaison with Advocates and Police stations across markets for the execution of Warrants and Execution Petition enabling speedy recovery of dues.
- Should be at least a graduate, preferably MBA
