Financial Recovery Expert

2 days ago


Mumbai, Maharashtra, India IIX Global Full time
About IIX Global

IIX Global is a pioneering force in the impact investing movement, dedicated to reshaping finance for sustainable development with a focus on gender equality and climate action.

We have been building the sustainable investing market for over a decade and a half, establishing the world's largest crowdfunding platform for impact investing, operating award-winning enterprise technical assistance programs, creating innovative financial products, and establishing an Impact Institute and Research & Advisory.

Why Join Us?

You will join a highly effective team that provides unparalleled hands-on exposure to the Impact Investing and Social Finance space. You thrive in tackling development issues and excel in creating solutions using structured strategies and unprecedented programs that address and solve the world's most pressing problems.

We are heavily invested in your professional development, providing training, coaching, encouragement, and guidance to help you gain new skills and advance your career.

Job Overview

The Recovery Specialist will play a crucial role in managing and recovering distressed loans within our Women's Livelihood Bond Series loan portfolios.

This position involves working closely with internal stakeholders, including credit and legal teams, and external stakeholders, including borrowers, other providers of finance, and external counsel to ensure timely loan repayments, minimize loan defaults, and maximize loan recoveries.

Key Responsibilities
  • Asset Identification and Assessment: Identify distressed assets, conduct thorough financial and legal due diligence, and assess recovery potential.
  • Loan Recovery: Develop and implement effective recovery strategies, negotiate repayment plans, provide financial counseling, and take necessary legal actions.
  • Relationship Management: Build strong relationships with borrowers and field officers, provide excellent customer service, and collaborate with team members to ensure smooth operations.
  • Data Analysis and Reporting: Collect and analyze data on loan performance, prepare regular reports, and identify areas for improvement.
Requirements

To be successful in this role, you should have:

  • A strong understanding of financial analysis, accounting, and corporate finance.
  • Experience in debt restructuring, asset recovery, or insolvency proceedings.
  • Knowledge of legal and regulatory frameworks in relevant jurisdictions.
  • Excellent negotiation and communication skills.
  • Ability to work independently and as part of a team.
Estimated Salary Range

$90,000 - $120,000 per annum, depending on experience and qualifications.

IIX Global is an equal opportunity employer.



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