
Portfolio Recovery Specialist
4 days ago
Qualifications:
- CA or MBA from a reputable institution is required.
Key Responsibilities:
- Mid-Market and Emerging Large Corporates management
- Borrower account monitoring, regular follow-ups, and updates on developments
- Advising borrowers in turnaround situations regarding liquidity concerns, conducting viability studies, developing sustainable business plans, and rehabilitation packages
- Stressed asset management involving company interaction, performance monitoring, benchmarking, adherence to stipulated terms, site visits, etc.
- Monitoring exposures for proactive action, reviewing credit files, financials, security documentation, and current status
- Designing early warning triggers for allocated accounts, closely monitoring portfolios, reviewing operational and financial performance, monthly cash flows, economic cycles, and industries affecting assets
- Recovery strategy formulation post-factoring legal options
Technical Competencies:
- Financial analysis and understanding of entity financials
- Industry knowledge
- RBI guidelines for stressed assets and restructuring
- Reasonable knowledge of applicable laws and commercial suits
- Satisfactory note making skills and good communication
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