Piramal Capital

1 week ago


mumbai, India Piramal Capital & Housing Finance Limited Full time

Designation: Area Collection Legal Manager

Location: Mumbai, Kolkata, Ludhiana, Indore, Bhopal

Essential Qualifications:
•Graduate from an accredited college/Law graduates preferred

•Post Graduate in Management

Essential Experience:
•5-10 years experience working within Legal function in Collections department of an HFC/NBFC/Bank
•Knowledge of laws relating to secured and unsecured lending / recovery.
•Experience in managing diverse teams

Key Roles & Responsibility:
Responsible for upholding the Piramal brand by overseeing delinquent customer accounts and designing sound legal strategy to ensure effective recovery and NPA management
• Oversee implementation of relevant legal actions within the assigned zone in collaboration with the Collections team • Recommend overdue assets that are required to be written off and ensure continual improvement of debt collection and recovery procedures
• Responsible for management of major stakeholders such as law enforcement agencies, legal vendors, lawyers for collection and recovery
• Display an in-depth understanding of various legal options against delinquent customers, complaints and other types of suits in Criminal/Civil Courts
• Develop an understanding of the HFC/NBFC market and inculcate the best in class practices that align with the Company’s overall vision
• Provide weekly/monthly updates to the management on areas impacting collections and recovery of delinquent assets
• Ensure the team Area Managers adhere to compliance policies and processes during legal the process with customers.


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