Asset Recovery Expert

2 days ago

Chennai, Tamil Nadu, India beBeeRecovery Full time ₹ 75,00,000 - ₹ 1,50,00,000

About the Role

Our organization is seeking a highly skilled and experienced Asset Recovery Specialist to join our team. This individual will be responsible for managing a portfolio of non-performing and stressed accounts, with a focus on strategizing, initiating, and executing recovery actions.

The ideal candidate will have in-depth knowledge of recovery frameworks such as IBC/NCLT, SARFAESI, and DRT, as well as strong negotiation and conflict resolution skills. They will also possess high emotional intelligence to handle sensitive and high-stake situations.

Key Responsibilities:

  • Handle resolution of stressed accounts through discussion and closure with borrowers, IBC and NCLT processes, One-Time Settlements (OTS) and direct negotiations, and enforcement actions under SARFAESI and DRT proceedings.
  • Collaborate with legal counsel to initiate and monitor recovery proceedings, draft and review legal notices, settlement documents, and affidavits for recovery cases.
  • Liaise with internal stakeholders for a coordinated recovery approach and maintain strong relationships with external legal firms, insolvency professionals, and resolution agents.

Required Skills and Qualifications:

  • Graduate in Law/Commerce/Finance (mandatory), MBA (Finance) or LLB/LLM preferred or CA.
  • Expertise in legal frameworks for recovery: IBC, NCLT, SARFAESI, DRT, Civil/Criminal Recovery.
  • Strong analytical thinking and ability to manage multiple high-pressure accounts.

Location: Chennai / Mumbai
Experience Required: 5–10 years

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