
Corporate Asset Recovery Specialist
1 day ago
We are seeking a seasoned Corporate Asset Recovery Specialist to join our team. In this role, you will be responsible for managing mid-market and emerging large corporates, monitoring borrower accounts, and advising borrowers in turnaround situations.
Your Key Responsibilities:
- Managing stressed assets involving interaction with the company, performance monitoring & benchmarking, adherence to stipulated terms, site visits, etc.
- Maintaining regular follow-ups and updates on developments in borrower accounts.
- Developing sustainable business plans and getting involved in rehabilitation packages.
- Reviewing credit files, financials, and security documentation, and current status.
- Designing and implementing suitable early warning triggers for allocated accounts.
- Formulating recovery strategies post facto legal options.
Requirements:
- CA or MBA qualification from a reputable institute.
- 5-7 years of relevant work experience in banking, ARC, or big 4 consultancy firms.
- Strong knowledge of reading and understanding financials of an entity, involving credit analysis.
- Knowledge of various industries.
- Knowledge of RBI guidelines for stressed assets and restructuring.
- Reasonable knowledge of various legal forums and applicable laws.
- Satisfactory note-making skills and good command over written and spoken communication.
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