Resolutions - Asset Reconstruction Company

1 month ago


Mumbai Maharashtra, India Arin Consultancy Full time

Operations Mumbai _Mumbai_ March 21, 2024 - March 22, 2025 Financial Services

**Job Overview**:

- **Office Location (Area) **Mumbai
- **Required Education **LLM/LLB/CA/MBA Finance
- **Course Type **Full Time
- **Min Required Experience (Years) **5
- **Max Required Experience (Years) **10

**Job Title**:Sr. Manager / Manager

**Location**: Mumbai

**Qualification**: LLM/LLB/CA/MBA Finance

**Experience**: 5 - 10 years

**JOB DESCRIPTION**
- Devise collection - related schemes in collaboration with the Sr. Management to achieve agreed volume and profit targets.
- Creation of a Resolution Strategy for each asset by way of settlement or disposal of secured asset.
- Responsible for overall debt control, recoveries and collections of NPAs
- Generate and present comprehensive MIS reports and trackers on a daily and monthly basis, offering insights into our collection performance.
- Creation of a resolution strategy that is fully compliant and in accordance with RBI guidelines.
- Compliance of ARC related prudential guidelines prescribed by RBI.
- Maintaining records of original documents and NPA accounts status for RBI reports.
- Follow up with the branch locations in case of overdue collections.
- Monitor trust activities, recoveries and distribution to SR holders, managing and facilitating internal and statutory audits.
- Drafting of policies and standard operating processes for mitigation of operational risk.
- Monitor early warning signals, cashflows, operational and financial performance of allocated portfolio.
- Drafting and vetting of legal documentation and ensure legal compliance are adhered.

**What we look for**:

- Strong Credit Analytics/ Experience in handling stressed accounts (preferred).
- Must have relevant experience in SARFAESI Act, IBC, NCLT etc. rules and regulations
- Through Knowledge of RBI Guidelines/ IBC related guidelines/ Restructuring.



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