Recovery Officer

REPCO HOME FINANCE LTD

(Promoted by REPCO Bank - Govt of India Enterprises)

Corporate Office: 3rd Floor, Alexander Square,

New No: 2(Old No 34&35) Sardar Patel Road, Guindy, Chennai

PH: HRD PH: ,

__________________________________________________________________________________

Repco Home Finance Limited (RHFL) established in the year 2000, a housing finance company (HFCs),

registered with National Housing Bank and regulated by Reserve Bank of India is inviting applications

for RECRUITMENT OF CHIEF MANAGER FOR RECOVERY DEPARTMENT.

Post Code: RECOVERY OFFICER OCT 2025

Position: CHIEF MANAGER

Location: Corporate Office - Chennai

Profile: To oversee and manage the Recovery efforts within the assigned region, ensuring the

achievement of Recovery targets, minimizing delinquency rates, and maintaining the quality of the

loan portfolio in compliance with relevant laws, including the Securitisation and Reconstruction of

Financial Assets and Enforcement of Security Interest (SARFAESI) Act.

For Chief Managers:

1. Any graduation format) from a UGC recognized university. Post-graduation &

professional qualification shall be given additional weightage.

2. Age not exceeding 38 years as on relaxation generally up to 50 years of age can

be considered based on commensurate, relevant prior experience for deserving cases based

on Management discretion).

3. Minimum 10 years of experience (for age not exceeding 38 years) in Recovery in the

HFCs/Banks/NBFCs. For further age relaxation, commensurate additional experience would be

required.

4. Presently holding a role in the cadre now equivalent to or not lower than that of Manager / Senior

Manager cadre.

5. Fluency in respective regional language (read, write & speak) and Hindi besides English is must.

6. Early joining will be preferred.

7. For recruitment in all cadres, external candidates applying, having pending disciplinary action

against them at the time of applying for the position or having been punished under

disciplinary proceedings in last 5 years will not be considered eligible. All appointments are

subject to satisfactory reference / background verification.

8. Candidates terminated by any previous employers are not eligible to apply.

Job Description:

Close monitoring of NPA accounts of assigned Regions/Branches.

Conduct frequent/Regular field visits to Branches and Borrowers locations to facilitate and

expedite recovery processes, through direct discussions, Spearheading negotiation for

Closures/ Regularizations /compromise settlements etc.,

Co-ordinating with Regional Heads/RDMs, Regional Legal Managers/ Recovery Vertical

Managers & other Recovery Vertical staff to accelerate SARFAESI and other legal recovery

proceedings.

Assess the accounts (case wise) and arrive at strategic plans for effecting immediate recovery

& timely resolutions (viz., through SARFAESI Proceedings or Compromise settlements etc.,).

Ensure prompt initiation of legal/SARFAESI proceedings in all NPA accounts, such as issuing

Demand Notices, Possession Notices, Auction notices, taking physical possession of property,

and ensuring execution through appropriate courts.

Follow up on DRT/DRAT or any other legal proceedings related to loan accounts by

coordinating with the assigned Panel Advocates and the Regional Legal Managers.

Assisting/organising/ conducting Auctions, Marketing Activities etc for the unsold properties.

Provide guidance and support to Branch Officials in handling complex NPA cases & ensure

compliance with Internal Policies and Regulatory Guidelines related to NPAs.

Attending to Customer Grievances and disputes pertaining to recovery.

Any other works assigned from time to time.

Key Competencies Required

Strong leadership and team management skills.

Excellent communication and negotiation abilities.

Proficiency in data analysis and reporting.

Thorough understanding of regulatory requirements and compliance.

Ability to work under pressure and meet deadlines.

High ethical standards and integrity.

Strong problem-solving skills.

Willingness to travel extensively within the region.

Proficiency in regional language(s) is an advantage

Good interpersonal skills with the ability to work collaboratively with clients and team

members.

Professionalism and ethical conduct in all dealings.

Proficiency in MS Office

Pay & Perquisites: Based on Current CTC + Attractive incentives.

PROBATION: 1 year

How to Apply:

Eligible candidates are requested to apply only as per the enclosed bio-data format (along with

NOC if applicable and with detailed CV). Applications shall be sent by email/post/courier.

Applications sent without the Bio Data format will not be considered.

Applications in a sealed envelope super-scribing the Application for RECRUITMENT

RECOVERY OFFICER - OCT 2025 shall be forwarded to the address as given below to reach the

addressee on or before 5 pm on Oct 04th , 2025:

By Post/ Courier to:

By mail to:

The DGM (HR)

or

Repco Home Finance Limited

(With scanned Bio Data format and detailed CV)

3rd Floor, Alexander Square

New No. 2/Old No. 34 & 35

Sardar Patel Road, Guindy

Chennai

Contact Number:

Applications received after due date and without prescribed Bio Data format will not be

considered.

The shortlisting will be done as per the prescribed criteria and as per management discretion

depending upon the number of applications received. The shortlisted candidates shall be called

for further selection process subsequently. The date & venue & mode of the same will be

communicated to the shortlisted candidates individually in due course. The Company reserves

the right to accept/reject any/all applications and/ or modify any of the eligibility conditions

without assigning any reason or even abandon the recruitment process. The Company also

reserves the right to offer suitable cadre/emoluments to candidates as per its own discretion

depending on profile, past experience and performance in the selection process etc. No further

communication/ correspondence in this regard after submission of application will be

entertained. Bringing external influence will lead to disqualification.

For eligible candidates of Repco Group of Companies, NOC from the Competent Authority has to

be obtained before applying for the above position.

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