Senior Corporate Recovery Manager

17 hours ago


Mumbai, Maharashtra, India beBeeRecovery Full time ₹ 1,20,00,000 - ₹ 2,00,00,000

Job Title: Senior Corporate Recovery Manager

About the Role:

We are seeking an experienced Senior Corporate Recovery Manager to join our team. The successful candidate will be responsible for managing mid-market and emerging large corporates, regularly monitoring borrower accounts, following up, and maintaining updates on account developments.

Key Responsibilities:
  • Advising borrowers in turnaround situations, undertaking viability studies, developing sustainable business plans, and rehabilitating packages
  • Managing stressed assets, interacting with companies, monitoring performance, adhering to terms, conducting site visits, and reviewing financials and security documentation
  • Designing early warning triggers, monitoring allocated portfolios, reviewing operational and financial performance, tracking cash flows, and monitoring economic cycles and industries
  • Formulating recovery strategies post-factoring legal options
Requirements:
  • CA or MBA from a reputable institution
  • 5-7 years of relevant work experience in Banking, ARC, or Big 4 consultancy firms
  • Knowledge of credit analysis, reading and understanding entity financials
  • Knowledge of various industries
  • Knowledge of RBI guidelines for stressed assets and restructuring
  • Reasonable knowledge of laws, including IBC, SARFAESI, commercial suits, contract laws, etc.
  • Good note-making skills and effective written and spoken communication


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