Zonal Head - Financial Restructuring

Confidential
  • Mumbai
  • 20-30 lakh
  • 5-6 years
  • 135 Views
  • 26 May 2015
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  • Senior Management-Finance

  • Banking - Retail, Banking - Corporate
Job Description

* Experience in NPA, Remedial Management)
* To be part of FRR team and handle recovery actions in NPA accounts in surrounding areas.
* Relationship Management and Remedial Management
* Responsible for recovery from Non Performing Accounts and / or handling of other stressed advances portfolio assigned.
* Developing and implementing account specific recovery strategy in consultation with Head - FRR at Corporate Office
* Initiation and monitoring of the process of litigation in tune with the strategies developed for each account.
* To keep a close dialogue with the borrowers that may help for settlement.
* To assist developing annual budget and driving the budget for the portfolio under recovery and achieve the same.
* MIS to Corporate Office and other as required for RBI purposes etc, To maintain the legal database up to date so as to ease monitoring of cases at CO.
* Attending Seminars and Conferences
* Experience in Handling of SME / Corp. Credit Well versed with documentation.
* Experience in handling cases of SME / Corporate NPA recovery / SARFAESI matters for HL etc