Leading Legal Strategist for Collections

2 weeks ago


Mumbai, Maharashtra, India Piramal Capital & Housing Finance Limited Full time
Job Description:

Company Overview:

Piramal Capital & Housing Finance Limited is a leading financial institution committed to providing innovative solutions for its customers.

Salary: ₹1,200,000 - ₹1,800,000 per annum

Location: Multiple locations including Mumbai, Kolkata, Ludhiana, Indore, and Bhopal.

Job Summary:

The Area Legal Manager will be responsible for upholding the company's brand by overseeing delinquent customer accounts and designing sound legal strategies for effective recovery and NPA management.

Key Responsibilities:
  • Oversee implementation of relevant legal actions within the assigned zone in collaboration with the Collections team.
  • Recommend overdue assets that are required to be written off and ensure continual improvement of debt collection and recovery procedures.
  • Manage major stakeholders such as law enforcement agencies, legal vendors, lawyers for collection and recovery.
  • Display an in-depth understanding of various legal options against delinquent customers, complaints, and other types of suits in Criminal/Civil Courts.
  • Develop an understanding of the HFC/NBFC market and inculcate best-in-class practices that align with the Company's overall vision.
  • Provide weekly/monthly updates to the management on areas impacting collections and recovery of delinquent assets.
  • Ensure the team Area Managers adhere to compliance policies and processes during legal proceedings with customers.

Requirements:

  • 5-10 years experience working within the Legal function in Collections department of an HFC/NBFC/Bank.
  • Graduate from an accredited college/Law graduates preferred.
  • Post Graduate in Management.
  • Knowledge of laws relating to secured and unsecured lending/recovery.
Why Join Us:

Piramal Capital & Housing Finance Limited offers a dynamic work environment, competitive salary, and opportunities for growth and development.



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