Corporate Stressed Assets Recovery Specialist

2 days ago


Palakkad, Kerala, India beBeeAssetRecovery Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

Job Overview

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The successful Relationship Manager will be responsible for managing stressed assets, maintaining regular monitoring of borrower accounts, and advising borrowers in turnaround situations.

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Key Qualifications:

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  • Chartered Accountant (CA) or Master of Business Administration (MBA) degree from a reputable institution
  • 5-7 years of experience in Banking, Asset Reconstruction Companies, or Big 4 consultancy firms
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Responsibilities:

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  1. Manage Mid-Market and Emerging Large Corporates
  2. Maintain regular monitoring of borrower accounts and follow-ups, ensuring updates on developments
  3. Advise borrowers in turnaround situations regarding liquidity concerns, viability studies, and sustainable business plans
  4. Manage stressed assets through interaction with the company, performance monitoring, and adherence to stipulated terms
  5. Monitor exposures to enable proactive action and review credit files, financials, security documentation, and current status
  6. Design early warning triggers for allocated accounts, closely monitor portfolio performance, and track economic cycles and applicable industries
  7. Formulate recovery strategies post-factoring legal options
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Technical Competencies:

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  • Knowledge of reading and understanding financials, involving credit analysis
  • Knowledge of various industries
  • Understanding of RBI guidelines for stressed assets and restructuring
  • Reasonable knowledge of legal forums and applicable laws, including IBC, SARFAESI, commercial suits, contract laws
  • Satisfactory note-making skills and good command over written and spoken communication


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