Stressed Asset Manager

4 weeks ago

Chennai, Tamil Nadu, India Vivriti Capital Full time
About Vivriti Group Vivriti Group is a trailblazer in the mid-market lending space, offering customized debt solutions to mid-sized enterprises.

The group operates through two core businesses: Vivriti Capital Limited: A systematically important Non-Banking Financial Company (NBFC ND-SI) regulated by the Reserve Bank of India (RBI).

Vivriti Capital has disbursed over USD 3 billion to 300+ enterprise borrowers and holds a CRISIL rating of A+.

Vivriti Asset Management: A fixed-income fund manager, managing multiple Alternative Investment Funds (AIFs).

With over USD 550 million in commitments from 900+ institutional and private contributors, Vivriti AMC has invested more than USD 600 million across 90+ entities.https://www.youtube.com/watch?v=5r Gf HVl RX0 ARole Overview: The Stressed Assets Manager will manage a portfolio of non-performing and stressed accounts and be responsible for strategizing, initiating, and executing recovery actions, including legal and out-of-court settlements.

The role demands in-depth knowledge of recovery frameworks like IBC/NCLT, SARFAESI, and DRT.

Key Responsibilities: Account Management & Resolution Strategy: Handle resolution of stressed accounts through: Discussion & closure with the borrower IBC (Insolvency & Bankruptcy Code) and NCLT processes One-Time Settlements (OTS) and direct negotiations Enforcement actions under SARFAESI and DRT proceedings Assess financial viability of borrowers and structure recovery plans accordingly.

Legal Proceedings & Documentation: Collaborate with legal counsel to initiate and monitor recovery proceedings.

Draft and review legal notices, settlement documents, and affidavits for recovery cases.

Represent the organization in NCLT/DRT hearings and manage coordination with external lawyers.

Stakeholder Management: Liaise with internal stakeholders (credit, legal, risk, finance) for a coordinated recovery approach.

Maintain strong relationships with external legal firms, insolvency professionals, resolution agents, etc.

MIS & Governance: Maintain updated trackers and dashboards for all stressed cases and their progress.

Ensure compliance with RBI guidelines, internal governance, and audit standards.

Key Competencies: Expertise in legal frameworks for recovery: IBC, NCLT, SARFAESI, DRT, Civil/Criminal Recovery Strong negotiation and conflict resolution skills High emotional intelligence to handle sensitive and high-stake situations Proficient in drafting legal documentation and recovery notices Analytical thinking and ability to manage multiple high-pressure accounts Location: Chennai / Mumbai Experience Required: 5–10 years Educational Qualification: Graduate in Law/Commerce/Finance (mandatory)MBA (Finance) or LLB/LLM preferred or CAReports To: Head – Collections & Stressed Assets

  • Stressed Asset Manager

    4 weeks ago

    Chennai, Tamil Nadu, India Vivriti Capital Full time

    About Vivriti Group Vivriti Group is a trailblazer in the mid-market lending space, offering customized debt solutions to mid-sized enterprises. The group operates through two core businesses: Vivriti Capital Limited : A systematically important Non-Banking Financial Company (NBFC ND-SI) regulated by the Reserve Bank of India (RBI). Vivriti Capital has...

  • Stressed Asset Manager

    3 weeks ago

    Chennai, Tamil Nadu, India Vivriti Capital Full time

    About Vivriti GroupVivriti Group is a trailblazer in the mid-market lending space, offering customized debt solutions to mid-sized enterprises. The group operates through two core businesses:Vivriti Capital Limited: A systematically important Non-Banking Financial Company (NBFC ND-SI) regulated by the Reserve Bank of India (RBI). Vivriti Capital has...

  • Stressed Asset Manager

    4 days ago

    Chennai, Tamil Nadu, India Vivriti Capital Full time

    About Vivriti Group Vivriti Group is a trailblazer in the mid-market lending space, offering customized debt solutions to mid-sized enterprises. The group operates through two core businesses: Vivriti Capital Limited : A systematically important Non-Banking Financial Company (NBFC ND-SI) regulated by the Reserve

  • Asset Management Professional

    5 days ago

    Chennai, Tamil Nadu, India beBeeassetmanagement Full time ₹ 9,00,000 - ₹ 12,00,000

    Job Opportunity:We are seeking a seasoned Asset Management Professional to contribute to our organization.Key Responsibilities:Manage asset lifecycle processes, encompassing physical assets, software assets, leases, and contracts.Maintain data standards within the asset management repository.Respond to asset management inquiries from clients or internal...

  • IT Asset Management Specialist

    2 days ago

    Chennai, Tamil Nadu, India beBeeItassetmanagement Full time ₹ 12,00,000 - ₹ 15,00,000

    Job DescriptionSeeking an experienced IT asset management professional to oversee the lifecycle of software and hardware assets. This role involves managing software requests, SAM enquiries, and mailboxes, as well as maintaining accurate software asset inventory via SAM tools.The ideal candidate will have a strong focus on software asset management (SAM)...

  • IT Asset Manager

    24 hours ago

    Chennai, Tamil Nadu, India beBeeAsset Full time ₹ 8,00,000 - ₹ 15,00,000

    Job Title: Executive – IT AssetJob Description:We are seeking a seasoned IT Asset professional to handle procurement coordination activities related to IT-based hardware and services.The role requires strong coordination skills, attention to detail, and excellent communication skills to work effectively with internal stakeholders and vendors.Key...

  • Asset Disposal Manager

    2 days ago

    Chennai, Tamil Nadu, India Cholamandalam Investment and Finance Company Limited Full time

    Designation : Asset Disposal Manager ( Retail Mortgage)Location : ChennaiResponsibilities- Independently oversee asset disposal lifecycle from conducting Online & offline auctions to handing over property documents to successful bidder.- Responsible for legal, operational and documentation aspects of asset disposal. To conduct transparent, fair and compliant...

  • Asset Disposal Manager

    1 day ago

    Chennai, Tamil Nadu, India Cholamandalam Investment and Finance Company Limited Full time

    Designation : Asset Disposal Manager ( Retail Mortgage) Location : Chennai Responsibilities Independently oversee asset disposal lifecycle from conducting Online & offline auctions to handing over property documents to successful bidder. Responsible for legal, operational and documentation aspects of asset disposal. To conduct transparent, fair and...

  • Software - Asset Manager (MNCs)

    3 weeks ago

    Chennai, Tamil Nadu, India Impetus Career Consultants Full time

    Position: IT Asset Management (Software)Location: Chennai (Local candidates only)Shift: 5 PM – 2 AM (Extendable if required)Experience: 5–7 yearsRole Summary:Seeking an experienced IT Asset Management professional with 80% focus on Software Asset Management (SAM) and 20% on Hardware Asset Management to manage and optimize asset...

  • Software - Asset Manager (MNCs)

    2 weeks ago

    Chennai, Tamil Nadu, India Impetus Career Consultants Full time

    Position: IT Asset Management (Software) Location: Chennai (Local candidates only) Shift: 5 PM – 2 AM (Extendable if required) Experience: 5–7 years Role Summary: Seeking an experienced IT Asset Management professional with 80% focus on Software Asset Management (SAM) and 20% on Hardware Asset Management to manage and optimize asset lifecycles....