Recovery and Resolution- Stressed Assets

2 weeks ago


Mumbai, India V Konnect Full time

Job Description Role & responsibilities - Managing Mid-Market and Emerging Large Corporates - Regular monitoring of borrower accounts / regular follow-ups and maintaining update on the developments in the respective borrower accounts. - Ability and required knowledge to advise borrowers in a turnaround situation with respect to liquidity concerns, undertaking viability study, develop sustainable business plans and getting involved in the rehabilitation package - Managing stressed assets involving interaction with the company, performance monitoring & benchmarking, adherence to stipulated terms, site visits, etc. - Monitoring exposures to enable proactive action whenever required. Review credit files, financials and security documentation and current status. - Designing and implementing suitable early warning triggers for allocated accounts. Closely monitoring allocated portfolio, reviewing operational and financial performance, monitoring monthly cash flows, tracking performance of economic cycles and applicable industries, which have a bearing on the respective assets etc. - Formulation of recovery strategy post factoring appropriate legal options



  • Mumbai, India V Konnect Full time

    Job Description Role & responsibilities Managing Mid-Market and Emerging Large Corporates - Regular monitoring of borrower accounts / regular follow-ups and maintaining update on the developments in the respective borrower accounts. - Ability and required knowledge to advise borrowers in a turnaround situation with respect to liquidity concerns, undertaking...


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