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Recovery Officer

Recovery Officer

3 - 5 years

|

13 - 17 Lacs

Posted:22 hours ago| Platform:

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Skills Required

Takeover Recovery Management Npa Management Knowledge of NCLT/DRT Proceedings COC meetings Negotiation Legal Drafting Recovery Avenues Expertise MIS Reporting Arc Rbi Guidelines Vetting CIRP Debt Recovery Stakeholder Management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Assist in assessing NPA accounts to evaluate exposure, security, and operational status
Support execution of recovery actions including SARFAESI/SFC Act proceedings and CIRP cases via NCLT.
Conduct follow-ups with borrowers/promoters through correspondence and visits.
Assist in asset seizure, disposal processes, and drafting necessary legal and administrative documents.
Coordinate with legal advisors for issuing notices, filing suits, and managing documentation.
Follow up with Resolution Professionals, COC, and lenders in insolvency matters.
Maintain and update MIS, recovery trackers, and documentation for internal and external reporting.
Support preparation of proposals for OTS, restructuring, and asset sales.
Facilitate post-recovery formalities including documentation and securities release.

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