Asset Recovery Specialist

1 day ago

Chennai, Tamil Nadu, India beBeeRecovery Full time ₹ 1,20,00,000 - ₹ 2,00,00,000
Job Title:

Asset Recovery Specialist

About the Role:

The Asset Recovery Specialist will manage a portfolio of non-performing and stressed accounts, developing strategies for recovery and overseeing their execution.

  • Handle resolution of stressed assets through negotiations, IBC/NCLT processes, One-Time Settlements, 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.
  • Maintain strong relationships with external legal firms, insolvency professionals, and resolution agents.
  • Keep updated trackers and dashboards for all stressed cases and their progress.
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 situations.
  • Proficient in drafting legal documentation and recovery notices.
  • Analytical thinking and ability to manage high-pressure accounts.
Benefits:

This role offers opportunities for professional growth, working with a dynamic team, and making a significant impact on the company's success.

Requirements:

To succeed in this role, you should have:

  1. Proven experience in asset recovery or a related field.
  2. Strong knowledge of legal frameworks and procedures.
  3. Excellent communication and negotiation skills.
  4. Ability to work under pressure and meet deadlines.
  5. Proficiency in Microsoft Office and relevant software.

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