• 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.