
Financial Recovery Specialist
18 hours ago
Job Title: Financial Recovery Specialist
">Job Description: We are seeking a highly skilled Financial Recovery Specialist to join our team. The successful candidate will be responsible for managing mid-market and emerging large corporates, monitoring borrower accounts, and maintaining updates on developments in respective borrower accounts.
">Responsibilities: • Manage stressed assets involving interaction with the company, performance monitoring & benchmarking, adherence to stipulated terms, site visits, etc.
• Design and implement suitable early warning triggers for allocated accounts. Closely monitor 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.
• Formulate recovery strategy post factoring appropriate legal options
Required Skills and Qualifications: • Qualification: CA or MBA (Full Time from a reputed institute)
• Experience – 5-7 years of relevant work experience in Banking/ARC/Big 4 consultancy firms
• Technical Competencies:
• Knowledge of reading and understanding the financials of an entity, involving credit analysis
• Knowledge of various industries
• Knowledge of RBI guidelines for stressed assets and restructuring
• Reasonable knowledge of various legal forums and applicable laws, including IBC, SARFAESI, commercial suits, contract laws, etc
• Satisfactory note making skills and good command over written and spoken communication
Benefits: This role offers a challenging and rewarding opportunity to develop your skills and expertise in financial recovery and asset management.
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