Recovery Asset Manager

1 week ago


Chennai, Tamil Nadu, India beBeeStress Full time ₹ 1,50,00,000 - ₹ 2,20,00,000

Portfolio Recovery Manager

The Portfolio Recovery Manager will oversee a portfolio of non-performing and stressed accounts, responsible for strategizing, initiating, and executing recovery actions.

Key Responsibilities:

  • Handle resolution of stressed accounts through discussion and closure with the borrower, IBC/NCLT processes, One-Time Settlements (OTS), and enforcement actions under SARFAESI and DRT proceedings.
  • Assess financial viability of borrowers and structure recovery plans accordingly.
  • Collaborate with legal counsel to initiate and monitor recovery proceedings.
  • Draft and review legal notices, settlement documents, and affidavits for recovery cases.
  • Represent the organization in NCLT/DRT hearings and manage coordination with external lawyers.
  • Liaise with internal stakeholders (credit, legal, risk, finance) for a coordinated recovery approach.
  • Maintain strong relationships with external legal firms, insolvency professionals, resolution agents, etc.
  • Maintain updated trackers and dashboards for all stressed cases and their progress.
  • Ensure compliance with RBI guidelines, internal governance, and audit standards.

Key Competencies:

  • Expertise in legal frameworks for recovery: IBC, NCLT, SARFAESI, DRT, Civil/Criminal Recovery
  • Strong negotiation and conflict resolution skills
  • High emotional intelligence to handle sensitive and high-stake situations
  • Proficient in drafting legal documentation and recovery notices
  • Analytical thinking and ability to manage multiple high-pressure accounts


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