Debt Recovery

  • icon job experience 0 - 5 Years
  • icon job opening 5 Openings
  • icon salary 1.8-3.5 Lac/Yr
  • icon job location Ludhiana

Key Skills

Debt Recovery Debt Manager Recovery Agent Recovery Cases Accounts Recovery Solvent Recovery

Job Description

Liaison with Banks, NBFCs, Financial Institutions for empanelment, allotment of Cases, Periodical reporting on resolution of allocated cases.

Keeping track of portfolios by maintaining MIS on the basis of feedback from bankers, actual assessment of ground work, review of cases.

Periodical Reporting and updating to Bank / Branch Authority about progress.

Regular visits to the borrowers / Properties in all allocated accounts.

Coordinate with Back Office Controller for necessary requirements

Responsible for getting DM/CMM order application and making all the arrangements related to that.

Arrange everything for Symbolic Possession and Physical Possession liaison with Police and Duty Magistrate/Court Commissioner.

Assess the market value/status of the property mortgaged.

Arrange the buyers for the sale of the property

Training for the applicable law (SARFAESI Act), procedure, documentation, Standard Operating procedures (SOPs) and practical knowledge would be provided at the beginning of the job besides day to day instruction & guidance at each step.

Experience : 0 - 5 Years

No. of Openings : 5

Education : Any Bachelor Degree

Role : Debt Recovery Agent

Industry Type : Banking / Financial Services / Stock Broking

Gender : Male

Job Country : India

About Renovo Assets Pvt. Ltd.

Renovo Assets is conceived to provide a comprehensive Asset Management solution over a broad spectrum of key industries. Taking cognizance of the ever increasing bad debt (NPA) management faced by a majority of businesses in various fields, Renovo Assets intends to provide a one stop solution in this area.
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