Leading Legal Strategist for Collections
2 weeks ago
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.
Piramal Capital & Housing Finance Limited offers a dynamic work environment, competitive salary, and opportunities for growth and development.
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