Foreclosure and Recovery

2 weeks ago


Mumbai, India Deutsche Bank Full time

**Job Title
- Foreclosure and Recovery**

**Location
- **Mumbai

**Role Description**

Operative processes related to collections, including outbound and inbound calls covering repayment, pre-litigation and litigation Ensure the dealing with all daily tasks Resolve operational setup/logistics issues with the support of divisional functions to ensure continuity Administrative support related to collections activities

**What we’ll offer you**

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above

**Your key responsibilities**

Co-oridation with legal vendors and other agencies

Attending court proceedings to get faster results

Provide all possible support to legal vendors

Co-ordination with publication vendors and ensure there is no reputation risk

Preparing draft of replies to the borrowers/Advocates

Safeguard the properties possessed under SARFAESI Act.

Preparing weekly/ Monthly legal MIS and always ready with audit prepardness.

Ensure legal and compliance issues.

Affirm evidence in the courts

Initiate arbitration/lok Adalat execution thereof

processing of bills/prepare legal budget for each location

**Your skills and experience**

Minimum two year in legal recovery departments

Well-versed with actions under SARFAESI/DRT/DRAT/High Court/Civil Courts

Preparation of legal and other notices/drafts for PAN India accounts

Co ordination with regional collection managers to provide all possible legal support.

Support the team in regard to legal and recovery claims.

Taking possession and disposing of the properties under SARFAESI Act

Follow the process notes to safeguard banks interest

Initiate actions under recovery law on default accounts

Timely actions and follow ups to get speedy results

Co-ordination with other departments to get the right feedback

**How we’ll support you**
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs

**About us and our teams**

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.


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